Watauga County Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 206,701 | 229,761 | −23,060 | 1.8 | 65% |
| 2012 | 213,773 | 235,960 | −22,187 | 0.6 | 57% |
| 2013 | 141,875 | 158,599 | −16,724 | -0.4 | 30% |
| 2014 | 106,733 | 105,374 | 1,359 | -0.4 | 40% |
| 2015 | 97,154 | 116,505 | −19,351 | -2.4 | 36% |
| 2016 | 122,255 | 120,984 | 1,271 | -2.2 | 35% |
| 2017 | 126,958 | 118,570 | 8,388 | -1.4 | 24% |
| 2018 | 134,104 | 105,820 | 28,284 | 1.7 | 27% |
| 2019 | 100,798 | 99,662 | 1,136 | 1.9 | 24% |
| 2020 | 93,218 | 90,551 | 2,667 | 2.5 | 33% |
| 2021 | 134,355 | 126,038 | 8,317 | 2.6 | 30% |
| 2022 | 217,746 | 171,287 | 46,459 | 5.1 | 21% |
| 2023 | 214,614 | 205,213 | 9,401 | 4.8 | 19% |
In its most recent public year (2023), this organization brought in $9,401 more than it spent. Its reserves stood at about 4.8 months of spending, up from 1.8 in 2011. Staff pay was 19% of spending. $57,745 of its net assets are donor-restricted.
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
Watauga County 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