Howard County Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 906,765 | 887,972 | 18,793 | 8.6 | 29% |
| 2012 | 994,304 | 1,005,474 | −11,170 | 7.4 | 30% |
| 2013 | 1,155,574 | 1,126,751 | 28,823 | 7.0 | 26% |
| 2014 | 1,245,925 | 1,250,872 | −4,947 | 6.4 | 25% |
| 2015 | 1,695,151 | 1,403,066 | 292,085 | 8.2 | 25% |
| 2016 | 1,271,450 | 1,459,856 | −188,406 | 6.3 | 25% |
| 2017 | 1,349,960 | 1,343,429 | 6,531 | 7.0 | 27% |
| 2018 | 1,372,065 | 1,320,870 | 51,195 | 7.7 | 29% |
| 2019 | 1,433,163 | 1,324,393 | 108,770 | 8.7 | 28% |
| 2020 | 1,495,882 | 1,362,805 | 133,077 | 9.7 | 28% |
| 2021 | 1,431,434 | 1,366,054 | 65,380 | 10.6 | 28% |
| 2022 | 1,672,254 | 1,639,632 | 32,622 | 8.8 | 32% |
| 2023 | 2,281,622 | 1,718,541 | 563,081 | 12.5 | 33% |
In its most recent public year (2023), this organization brought in $563,081 more than it spent. Its reserves stood at about 12.5 months of spending, up from 8.6 in 2011. Staff pay was 33% of spending. $232,909 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
Howard County Arts Council'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