Madison County Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 156,709 | 148,169 | 8,540 | 3.4 | — |
| 2012 | 151,589 | 135,804 | 15,785 | 5.1 | — |
| 2013 | 147,336 | 121,120 | 26,216 | 8.0 | — |
| 2014 | 147,423 | 143,922 | 3,501 | 7.0 | — |
| 2015 | 139,294 | 144,900 | −5,606 | 6.5 | — |
| 2016 | 166,798 | 148,169 | 18,629 | 7.8 | 43% |
| 2017 | 174,873 | 160,868 | 14,005 | 8.7 | 38% |
| 2018 | 227,475 | 187,537 | 39,938 | 9.0 | 37% |
| 2019 | 296,502 | 238,547 | 57,955 | 10.0 | 30% |
| 2020 | 234,778 | 228,391 | 6,387 | 10.8 | 33% |
| 2021 | 648,157 | 268,799 | 379,358 | 26.1 | 32% |
| 2022 | 609,894 | 310,441 | 299,453 | 34.2 | 30% |
| 2023 | 350,372 | 302,771 | 47,601 | 36.9 | 34% |
In its most recent public year (2023), this organization brought in $47,601 more than it spent. Its reserves stood at about 36.9 months of spending, up from 3.4 in 2011. Staff pay was 34% of spending. $312,443 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
Madison County 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