Colleton County Arts Council Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 87,355 | 90,080 | −2,725 | 7.5 | 29% |
| 2020 | 50,559 | 48,774 | 1,785 | 11.8 | — |
| 2021 | 110,542 | 84,325 | 26,217 | 10.6 | — |
| 2022 | 49,814 | 68,140 | −18,326 | 9.9 | — |
In its most recent public year (2022), this organization spent $18,326 more than it brought in. Its reserves stood at about 9.9 months of spending, up from 7.5 in 2019.
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 2022. 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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