Chincoteague Island Arts Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 246,736 | 30,261 | 216,475 | 85.8 | 0% |
| 2013 | 134,498 | 52,258 | 82,240 | 69.1 | 0% |
| 2014 | 81,072 | 68,400 | 12,672 | 54.6 | 0% |
| 2015 | 239,401 | 30,625 | 208,776 | 203.8 | 0% |
| 2016 | 75,448 | 41,061 | 34,387 | 162.1 | 0% |
| 2017 | 101,968 | 64,376 | 37,592 | 110.4 | 0% |
| 2018 | 112,724 | 52,974 | 59,750 | 147.7 | 0% |
| 2019 | 126,874 | 60,658 | 66,216 | 142.1 | 0% |
| 2020 | 71,795 | 61,359 | 10,436 | 142.5 | 0% |
| 2021 | 117,999 | 77,961 | 40,038 | 118.3 | 14% |
| 2022 | 99,862 | 134,945 | −35,083 | 65.2 | 24% |
| 2023 | 109,483 | 118,045 | −8,562 | 73.7 | 27% |
In its most recent public year (2023), this organization spent $8,562 more than it brought in. Its reserves stood at about 73.7 months of spending, down from 85.8 in 2012. Staff pay was 27% of spending. $90,100 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Chincoteague Island Arts Organization Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works