Patron Of The Arts In Rural Communities
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 48,302 | 47,409 | 893 | 0.4 | — |
| 2015 | 67,416 | 65,713 | 1,703 | 0.6 | — |
| 2016 | 94,454 | 91,336 | 3,118 | 0.8 | — |
| 2017 | 109,991 | 103,518 | 6,473 | 1.5 | — |
| 2018 | 102,983 | 115,130 | −12,147 | 0.1 | — |
| 2019 | 122,244 | 123,870 | −1,626 | -0.1 | — |
| 2020 | 31,661 | 25,652 | 6,009 | 2.5 | — |
| 2021 | 102,775 | 82,939 | 19,836 | 3.7 | — |
| 2022 | 118,624 | 130,036 | −11,412 | 1.3 | — |
| 2023 | 108,158 | 132,445 | −24,287 | -1.2 | — |
In its most recent public year (2023), this organization spent $24,287 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 0.4 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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