Craven Arts Council And Gallery Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $228,548 | $224,519 | $4,029 | 19.4 | 52% |
| 2021 | $345,445 | $290,783 | $54,662 | 17.3 | 40% |
| 2022 | $227,345 | $243,059 | −$15,714 | 19.9 | 46% |
| 2023 | $274,398 | $296,273 | −$21,875 | 15.4 | 40% |
In its most recent public year (2023), this organization spent $21,875 more than it brought in. Its reserves stood at about 15.4 months of spending, down from 19.4 in 2020. Staff pay was 40% 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 ↗
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