Beaufort Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 70,008 | 66,030 | 3,978 | 13.6 | 0% |
| 2013 | 84,448 | 89,172 | −4,724 | 9.6 | 0% |
| 2014 | 76,262 | 85,687 | −9,425 | 8.7 | 0% |
| 2015 | 124,364 | 135,834 | −11,470 | 4.5 | 0% |
| 2016 | 120,938 | 125,395 | −4,457 | 4.4 | 0% |
| 2017 | 81,834 | 65,033 | 16,801 | 11.0 | — |
| 2018 | 86,696 | 74,381 | 12,315 | 11.6 | — |
| 2019 | 91,669 | 102,041 | −10,372 | 7.3 | — |
| 2020 | 119,712 | 120,442 | −730 | 6.5 | — |
| 2021 | 118,694 | 147,091 | −28,397 | 2.5 | — |
| 2022 | 185,166 | 186,199 | −1,033 | 1.9 | — |
| 2023 | 195,267 | 185,282 | 9,985 | 2.6 | — |
In its most recent public year (2023), this organization brought in $9,985 more than it spent. Its reserves stood at about 2.6 months of spending, down from 13.6 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 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
Beaufort Art Association'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