South Mobile County Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 120,256 | 113,756 | 6,500 | 2.2 | 0% |
| 2020 | 107,333 | 101,448 | 5,885 | 3.1 | 12% |
| 2021 | 84,363 | 83,092 | 1,271 | 4.0 | 0% |
| 2022 | 78,216 | 73,307 | 4,909 | 5.3 | 0% |
| 2023 | 58,893 | 73,252 | −14,359 | 3.0 | 0% |
In its most recent public year (2023), this organization spent $14,359 more than it brought in. Its reserves stood at about 3 months of spending. Staff pay was 0% 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
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