Arkansas City Area Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 186,036 | 213,890 | −27,854 | 143.0 | 28% |
| 2013 | 330,314 | 158,012 | 172,302 | 206.7 | 29% |
| 2014 | 218,905 | 226,909 | −8,004 | 144.5 | 14% |
| 2015 | 984,789 | 251,800 | 732,989 | 165.2 | 21% |
| 2016 | 2,518,947 | 321,537 | 2,197,410 | 211.4 | 18% |
| 2017 | 353,057 | 376,715 | −23,658 | 179.2 | 14% |
| 2018 | 1,318,966 | 423,624 | 895,342 | 185.4 | 16% |
| 2020 | 333,979 | 463,356 | −129,377 | 164.4 | 0% |
| 2021 | 747,577 | 475,675 | 271,902 | 146.8 | 0% |
| 2022 | 502,970 | 481,172 | 21,798 | 145.9 | 8% |
| 2023 | 379,103 | 475,026 | −95,923 | 145.2 | 0% |
| 2024 | 449,670 | 431,601 | 18,069 | 160.2 | 6% |
In its most recent public year (2024), this organization brought in $18,069 more than it spent. Its reserves stood at about 160.2 months of spending, up from 143 in 2012. Staff pay was 6% of spending. $354,207 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 2024. 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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