The Durham Arts Council Endowment Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,650 | 158,250 | −65,600 | 53.2 | 0% |
| 2012 | 27,512 | 30,135 | −2,623 | 262.6 | 0% |
| 2013 | 109,376 | 33,284 | 76,092 | 255.2 | 0% |
| 2014 | 67,966 | 36,424 | 31,542 | 257.0 | 0% |
| 2015 | 48,375 | 40,894 | 7,481 | 219.4 | 0% |
| 2016 | 8,122 | 35,030 | −26,908 | 236.4 | 0% |
| 2017 | 21,621 | 39,357 | −17,736 | 228.4 | 0% |
| 2018 | 44,102 | 34,991 | 9,111 | 268.4 | 0% |
| 2019 | 34,215 | 52,941 | −18,726 | 173.6 | 0% |
| 2020 | 15,130 | 40,636 | −25,506 | 217.1 | 0% |
| 2021 | 31,612 | 141,583 | −109,971 | 70.2 | 0% |
| 2022 | 49,544 | 41,859 | 7,685 | 196.2 | 0% |
| 2023 | 42,164 | 40,723 | 1,441 | 208.7 | 0% |
In its most recent public year (2023), this organization brought in $1,441 more than it spent. Its reserves stood at about 208.7 months of spending, up from 53.2 in 2011. Staff pay was 0% of spending. $708,119 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
The Durham Arts Council Endowment Fund'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