Art League Of Ocean City Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 109,720 | 60,546 | 49,174 | 49.3 | — |
| 2012 | 176,953 | 102,890 | 74,063 | 37.7 | — |
| 2013 | 391,091 | 284,400 | 106,691 | 18.1 | 26% |
| 2014 | 455,326 | 367,227 | 88,099 | 16.9 | 32% |
| 2015 | 491,648 | 463,407 | 28,241 | 14.1 | 39% |
| 2016 | 485,561 | 446,946 | 38,615 | 15.7 | 39% |
| 2017 | 594,438 | 534,058 | 60,380 | 15.1 | 38% |
| 2018 | 646,736 | 639,849 | 6,887 | 12.1 | 37% |
| 2019 | 680,071 | 672,875 | 7,196 | 12.8 | 39% |
| 2020 | 701,437 | 579,522 | 121,915 | 18.1 | 47% |
| 2021 | 806,811 | 741,771 | 65,040 | 16.6 | 42% |
| 2022 | 787,152 | 886,575 | −99,423 | 11.4 | 36% |
| 2023 | 1,162,876 | 1,009,385 | 153,491 | 12.7 | 38% |
In its most recent public year (2023), this organization brought in $153,491 more than it spent. Its reserves stood at about 12.7 months of spending, down from 49.3 in 2011. Staff pay was 38% of spending. $5,837 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
Art League Of Ocean City Inc'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