Arts Council Incorporated Winston-Salem Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,642,380 | 4,207,147 | −564,767 | 25.4 | 17% |
| 2012 | 3,806,930 | 3,681,797 | 125,133 | 28.9 | 15% |
| 2013 | 3,444,945 | 3,705,944 | −260,999 | 28.0 | 17% |
| 2014 | 3,993,983 | 3,627,037 | 366,946 | 30.0 | 14% |
| 2015 | 2,996,134 | 3,271,340 | −275,206 | 36.3 | 14% |
| 2016 | 3,272,577 | 3,176,858 | 95,719 | 38.0 | 14% |
| 2017 | 2,666,094 | 3,341,871 | −675,777 | 34.0 | 16% |
| 2018 | 5,453,659 | 3,810,597 | 1,643,062 | 38.6 | 22% |
| 2019 | 3,049,263 | 3,952,419 | −903,156 | 34.4 | 24% |
| 2020 | 2,746,354 | 3,015,693 | −269,339 | 44.2 | 29% |
| 2021 | 3,085,185 | 3,327,011 | −241,826 | 39.6 | 22% |
| 2022 | 3,229,060 | 3,960,249 | −731,189 | 30.3 | 22% |
| 2023 | 3,345,650 | 4,795,140 | −1,449,490 | 21.5 | 23% |
In its most recent public year (2023), this organization spent $1,449,490 more than it brought in. Its reserves stood at about 21.5 months of spending, down from 25.4 in 2011. Staff pay was 23% of spending. $2,851,503 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
Arts Council Incorporated Winston-Salem 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