Garrett County Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 169,514 | 132,812 | 36,702 | 7.4 | 41% |
| 2012 | 176,579 | 193,758 | −17,179 | 4.0 | 30% |
| 2013 | 192,021 | 180,769 | 11,252 | 5.0 | 9% |
| 2014 | 191,695 | 193,572 | −1,877 | 4.6 | 32% |
| 2015 | 192,152 | 188,668 | 3,484 | 4.9 | 32% |
| 2016 | 182,000 | 182,520 | −520 | 5.0 | 40% |
| 2017 | 491,256 | 243,421 | 247,835 | 16.0 | 35% |
| 2018 | 218,683 | 214,427 | 4,256 | 18.4 | 39% |
| 2019 | 241,108 | 244,773 | −3,665 | 10.5 | 37% |
| 2020 | 269,369 | 207,981 | 61,388 | 15.9 | 41% |
| 2021 | 408,363 | 254,620 | 153,743 | 20.3 | 35% |
| 2022 | 341,154 | 298,717 | 42,437 | 19.0 | 36% |
| 2023 | 735,348 | 664,034 | 71,314 | 9.8 | 19% |
| 2024 | 486,429 | 513,038 | −26,609 | 12.1 | 29% |
In its most recent public year (2024), this organization spent $26,609 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 7.4 in 2011. Staff pay was 29% of spending.
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
Garrett County Arts Council Inc's IRS filings as a feed — one entry per filing year, through 2024. 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