Wichita Falls Alliance For Arts & Culture
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 378,292 | 340,713 | 37,579 | 1.3 | 35% |
| 2017 | 360,714 | 393,518 | −32,804 | 0.4 | 35% |
| 2018 | 479,738 | 419,515 | 60,223 | 2.1 | 32% |
| 2019 | 501,762 | 513,660 | −11,898 | 1.4 | 36% |
| 2020 | 442,324 | 460,768 | −18,444 | 1.1 | 20% |
| 2021 | 497,791 | 452,616 | 45,175 | 2.3 | 16% |
| 2022 | 563,040 | 605,049 | −42,009 | 0.9 | 10% |
| 2023 | 816,494 | 673,684 | 142,810 | 3.4 | 9% |
In its most recent public year (2023), this organization brought in $142,810 more than it spent. Its reserves stood at about 3.4 months of spending, up from 1.3 in 2016. Staff pay was 9% 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
Wichita Falls Alliance For Arts & Culture'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