Mccormick Arts Council At The Keturah M A C K
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 105,238 | 88,953 | 16,285 | 0.2 | — |
| 2012 | 120,104 | 110,549 | 9,555 | 0.6 | — |
| 2013 | 112,421 | 111,813 | 608 | 0.7 | — |
| 2014 | 106,047 | 130,314 | −24,267 | -1.7 | — |
| 2015 | 156,575 | 152,854 | 3,721 | 0.8 | — |
| 2016 | 133,968 | 120,659 | 13,309 | 1.2 | 32% |
| 2017 | 206,571 | 168,529 | 38,042 | 26.4 | 43% |
| 2018 | 251,742 | 181,353 | 70,389 | 22.7 | 41% |
| 2019 | 246,570 | 208,501 | 38,069 | 21.2 | 38% |
| 2020 | 487,274 | 232,436 | 254,838 | 31.0 | 40% |
| 2021 | 250,441 | 154,202 | 96,239 | 62.6 | 48% |
| 2022 | 328,129 | 235,065 | 93,064 | 39.9 | 30% |
| 2023 | 2,109,431 | 428,359 | 1,681,072 | 69.8 | 23% |
In its most recent public year (2023), this organization brought in $1,681,072 more than it spent. Its reserves stood at about 69.8 months of spending, up from 0.2 in 2011. Staff pay was 23% of spending.
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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works