Midvale Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 76,715 | 59,182 | 17,533 | 15.9 | — |
| 2015 | 92,531 | 96,923 | −4,392 | 9.9 | — |
| 2016 | 132,650 | 148,719 | −16,069 | 6.4 | — |
| 2017 | 86,191 | 81,935 | 4,256 | 12.2 | — |
| 2019 | 146,798 | 45,238 | 101,560 | 42.3 | — |
| 2020 | 45,817 | 57,157 | −11,340 | 31.1 | — |
| 2021 | 57,617 | 51,778 | 5,839 | 35.7 | — |
| 2022 | 88,968 | 53,881 | 35,087 | 42.1 | — |
| 2023 | 86,746 | 65,030 | 21,716 | 38.9 | — |
In its most recent public year (2023), this organization brought in $21,716 more than it spent. Its reserves stood at about 38.9 months of spending, up from 15.9 in 2014.
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
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