Rural Arts Collaborative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 185,444 | 253,299 | −67,855 | 15.4 | 59% |
| 2021 | 309,864 | 360,934 | −51,070 | 11.6 | 41% |
| 2022 | 237,931 | 309,153 | −71,222 | 9.9 | 49% |
| 2023 | 305,164 | 340,061 | −34,897 | 7.9 | 52% |
| 2024 | 583,209 | 513,611 | 69,598 | 7.1 | 64% |
In its most recent public year (2024), this organization brought in $69,598 more than it spent. Its reserves stood at about 7.1 months of spending, down from 15.4 in 2020. Staff pay was 64% of spending. $26,472 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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