Parkersburg Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 414,167 | 338,699 | 75,468 | 40.0 | 42% |
| 2012 | 1,319,223 | 342,944 | 976,279 | 73.7 | 42% |
| 2013 | 319,638 | 343,320 | −23,682 | 72.8 | 49% |
| 2014 | 421,558 | 358,975 | 62,583 | 71.7 | 46% |
| 2015 | 331,289 | 361,230 | −29,941 | 70.2 | 47% |
| 2016 | 920,416 | 390,451 | 529,965 | 80.9 | 50% |
| 2017 | 572,186 | 411,663 | 160,523 | 82.9 | 51% |
| 2018 | 609,379 | 445,691 | 163,688 | 78.1 | 56% |
| 2019 | 470,152 | 461,368 | 8,784 | 75.7 | 57% |
| 2020 | 400,654 | 454,899 | −54,245 | 75.3 | 56% |
| 2021 | 710,115 | 466,346 | 243,769 | 79.7 | 59% |
| 2022 | 412,382 | 572,106 | −159,724 | 61.7 | 58% |
| 2023 | 573,506 | 590,117 | −16,611 | 59.4 | 56% |
In its most recent public year (2023), this organization spent $16,611 more than it brought in. Its reserves stood at about 59.4 months of spending, up from 40 in 2011. Staff pay was 56% of spending. $120,407 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
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