Midwest Highland Arts Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 110,624 | 102,134 | 8,490 | 4.3 | — |
| 2013 | 118,599 | 116,488 | 2,111 | 4.0 | — |
| 2014 | 126,550 | 118,156 | 8,394 | 4.8 | — |
| 2015 | 126,628 | 111,824 | 14,804 | 6.7 | — |
| 2016 | 120,628 | 121,860 | −1,232 | 6.0 | — |
| 2017 | 126,411 | 133,589 | −7,178 | 4.8 | — |
| 2018 | 140,191 | 140,079 | 112 | 4.6 | — |
| 2019 | 153,265 | 137,712 | 15,553 | 6.1 | — |
| 2020 | 127,490 | 149,538 | −22,048 | 3.8 | — |
| 2021 | 2,856 | 4,143 | −1,287 | 133.7 | — |
| 2022 | 3,106 | 7,193 | −4,087 | 70.2 | — |
| 2023 | 143,583 | 121,345 | 22,238 | 6.4 | — |
| 2024 | 153,280 | 140,001 | 13,279 | 6.7 | — |
In its most recent public year (2024), this organization brought in $13,279 more than it spent. Its reserves stood at about 6.7 months of spending, up from 4.3 in 2012.
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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