Roanoke Cultural Endowment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 378,514 | 10,939 | 367,575 | 403.2 | 87% |
| 2016 | 928,249 | 62,010 | 866,239 | 238.8 | 52% |
| 2017 | 371,730 | 52,972 | 318,758 | 368.9 | 61% |
| 2018 | 642,886 | 50,966 | 591,920 | 495.2 | 64% |
| 2019 | 396,874 | 126,451 | 270,423 | 246.3 | 31% |
| 2020 | 575,422 | 120,754 | 454,668 | 329.8 | 33% |
| 2021 | 695,720 | 89,797 | 605,923 | 563.1 | 45% |
| 2022 | 1,052,972 | 165,495 | 887,477 | 326.6 | 25% |
| 2023 | 758,656 | 122,261 | 636,395 | 549.7 | 35% |
In its most recent public year (2023), this organization brought in $636,395 more than it spent. Its reserves stood at about 549.7 months of spending, up from 403.2 in 2015. Staff pay was 35% of spending. $4,034,487 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
Roanoke Cultural Endowment'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