Morgan Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 375,031 | 224,473 | 150,558 | 72.4 | 36% |
| 2012 | 184,118 | 208,265 | −24,147 | 76.7 | 12% |
| 2013 | 360,239 | 180,098 | 180,141 | 100.7 | 0% |
| 2014 | 266,701 | 216,844 | 49,857 | 86.4 | 5% |
| 2015 | 239,965 | 256,084 | −16,119 | 72.4 | 8% |
| 2016 | 220,494 | 273,643 | −53,149 | 65.4 | 10% |
| 2017 | 198,881 | 247,929 | −49,048 | 69.8 | 11% |
| 2018 | 164,539 | 236,236 | −71,697 | 69.6 | 12% |
| 2019 | 210,220 | 249,291 | −39,071 | 64.1 | 13% |
| 2020 | 369,233 | 241,033 | 128,200 | 72.7 | 12% |
| 2021 | 345,333 | 206,890 | 138,443 | 92.7 | 17% |
| 2022 | 347,086 | 271,853 | 75,233 | 73.9 | 13% |
| 2023 | 251,407 | 351,795 | −100,388 | 53.7 | 12% |
In its most recent public year (2023), this organization spent $100,388 more than it brought in. Its reserves stood at about 53.7 months of spending, down from 72.4 in 2011. Staff pay was 12% of spending. $34,680 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
Morgan Arts Council 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