Davie County Arts Council
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $186,658 | $173,293 | $13,365 | 4.5 | 49% |
| 2022 | $251,261 | $249,106 | $2,155 | 3.3 | 36% |
| 2023 | $260,344 | $281,902 | −$21,558 | 2.2 | 32% |
| 2024 | $270,496 | $273,949 | −$3,453 | 2.3 | 33% |
In its most recent public year (2024), this organization spent $3,453 more than it brought in. Its reserves stood at about 2.3 months of spending, down from 4.5 in 2021. Staff pay was 33% 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 2024. 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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