High Point Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 442,564 | 468,249 | −25,685 | 4.7 | 29% |
| 2012 | 519,415 | 423,683 | 95,732 | 7.9 | 32% |
| 2013 | 929,718 | 534,673 | 395,045 | 15.1 | 21% |
| 2014 | 493,488 | 523,630 | −30,142 | 14.8 | 21% |
| 2015 | 479,483 | 521,269 | −41,786 | 13.9 | 18% |
| 2016 | 431,845 | 479,960 | −48,115 | 13.9 | 19% |
| 2017 | 457,242 | 489,873 | −32,631 | 12.8 | 17% |
| 2018 | 409,417 | 493,621 | −84,204 | 10.6 | 16% |
| 2019 | 683,936 | 442,203 | 241,733 | 18.4 | 19% |
| 2020 | 639,948 | 390,896 | 249,052 | 28.5 | 22% |
| 2021 | 384,128 | 408,768 | −24,640 | 26.2 | 25% |
| 2022 | 587,792 | 450,981 | 136,811 | 27.2 | 0% |
| 2023 | 623,214 | 489,173 | 134,041 | 28.4 | 18% |
In its most recent public year (2023), this organization brought in $134,041 more than it spent. Its reserves stood at about 28.4 months of spending, up from 4.7 in 2011. Staff pay was 18% of spending. $1,041,865 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
High Point 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