Smith Mountain Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,521 | 11,001 | 8,520 | 20.8 | — |
| 2012 | 14,209 | 13,943 | 266 | 16.7 | — |
| 2013 | 17,839 | 9,401 | 8,438 | 35.5 | — |
| 2014 | 4,446 | 12,160 | −7,714 | 19.8 | — |
| 2015 | 10,892 | 16,099 | −5,207 | 11.1 | — |
| 2016 | 12,107 | 14,919 | −2,812 | 9.7 | — |
| 2017 | 19,112 | 15,550 | 3,562 | 12.1 | — |
| 2018 | 16,829 | 14,153 | 2,676 | 15.5 | — |
| 2019 | 27,550 | 25,302 | 2,248 | 9.8 | — |
| 2020 | 10,957 | 11,421 | −464 | 21.1 | — |
| 2023 | 59,403 | 49,509 | 9,894 | 6.2 | — |
In its most recent public year (2023), this organization brought in $9,894 more than it spent. Its reserves stood at about 6.2 months of spending, down from 20.8 in 2011.
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
Smith Mountain 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