Albany Area Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 73,364 | 68,657 | 4,707 | 6.8 | — |
| 2013 | 67,291 | 78,345 | −11,054 | 4.3 | — |
| 2014 | 75,663 | 68,216 | 7,447 | 6.2 | — |
| 2015 | 73,003 | 66,501 | 6,502 | 7.2 | — |
| 2016 | 74,215 | 67,785 | 6,430 | 8.2 | — |
| 2017 | 72,501 | 70,230 | 2,271 | 8.3 | — |
| 2018 | 70,702 | 70,836 | −134 | 8.2 | — |
| 2019 | 61,812 | 78,342 | −16,530 | 4.9 | — |
| 2020 | 69,188 | 64,331 | 4,857 | 6.9 | — |
| 2021 | 74,960 | 63,942 | 11,018 | 9.0 | — |
| 2022 | 82,321 | 73,912 | 8,409 | 9.2 | — |
| 2023 | 88,390 | 79,044 | 9,346 | 10.0 | — |
In its most recent public year (2023), this organization brought in $9,346 more than it spent. Its reserves stood at about 10 months of spending, up from 6.8 in 2012.
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
Albany Area Arts Council Inc'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