Mcclellanville Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 86,157 | 64,899 | 21,258 | 14.7 | — |
| 2022 | 87,407 | 82,743 | 4,664 | 12.2 | — |
| 2023 | 78,421 | 85,084 | −6,663 | 11.0 | — |
In its most recent public year (2023), this organization spent $6,663 more than it brought in. Its reserves stood at about 11 months of spending, down from 14.7 in 2021.
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
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