Creative World Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 142,521 | 114,658 | 27,863 | 2.9 | — |
| 2014 | 312,633 | 331,363 | −18,730 | 0.3 | 14% |
| 2015 | 392,283 | 394,787 | −2,504 | 0.2 | 21% |
| 2016 | 443,906 | 437,267 | 6,639 | 0.4 | 31% |
| 2017 | 479,181 | 475,838 | 3,343 | 0.5 | 34% |
| 2018 | 584,575 | 529,034 | 55,541 | 1.8 | 35% |
| 2019 | 540,574 | 569,812 | −29,238 | 1.0 | 47% |
| 2020 | 393,247 | 443,918 | −50,671 | -0.1 | 46% |
| 2021 | 450,418 | 336,031 | 114,387 | 3.9 | 47% |
| 2022 | 464,524 | 457,328 | 7,196 | 3.1 | 51% |
| 2023 | 545,562 | 498,186 | 47,376 | 1.9 | 47% |
In its most recent public year (2023), this organization brought in $47,376 more than it spent. Its reserves stood at about 1.9 months of spending. Staff pay was 47% of spending.
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
Creative World Art Center'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