Arete Living Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 64,973 | 66,456 | −1,483 | 0.1 | — |
| 2014 | 80,441 | 79,256 | 1,185 | 0.2 | — |
| 2016 | 142,756 | 138,413 | 4,343 | 0.6 | — |
| 2017 | 210,215 | 179,781 | 30,434 | 2.2 | 3% |
| 2018 | 189,409 | 190,498 | −1,089 | 1.9 | 3% |
| 2019 | 218,375 | 220,639 | −2,264 | 1.5 | 2% |
| 2020 | 227,896 | 217,365 | 10,531 | 2.1 | 4% |
| 2021 | 302,512 | 265,119 | 37,393 | 3.4 | 14% |
| 2022 | 249,803 | 279,972 | −30,169 | 1.5 | 1% |
| 2023 | 191,016 | 210,674 | −19,658 | 0.9 | 1% |
In its most recent public year (2023), this organization spent $19,658 more than it brought in. Its reserves stood at about 0.9 months of spending. Staff pay was 1% of spending. $6,047 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
Arete Living Arts Foundation'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