Art Center Sarasota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 457,435 | 400,425 | 57,010 | 17.3 | 44% |
| 2012 | 413,010 | 434,181 | −21,171 | 11.6 | 38% |
| 2013 | 500,213 | 384,665 | 115,548 | 12.3 | 39% |
| 2014 | 535,431 | 502,740 | 32,691 | 54.4 | 41% |
| 2015 | 519,199 | 563,168 | −43,969 | 44.6 | 40% |
| 2016 | 633,061 | 562,455 | 70,606 | 43.3 | 43% |
| 2017 | 570,385 | 591,614 | −21,229 | 38.1 | 45% |
| 2018 | 601,132 | 633,233 | −32,101 | 32.4 | 46% |
| 2019 | 652,276 | 632,076 | 20,200 | 30.3 | 39% |
| 2020 | 476,858 | 477,976 | −1,118 | 36.7 | 37% |
| 2021 | 453,164 | 439,104 | 14,060 | 36.6 | 33% |
| 2022 | 981,538 | 646,395 | 335,143 | 28.6 | 43% |
| 2023 | 860,227 | 818,078 | 42,149 | 21.3 | 41% |
In its most recent public year (2023), this organization brought in $42,149 more than it spent. Its reserves stood at about 21.3 months of spending, up from 17.3 in 2011. Staff pay was 41% of spending. $905,915 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
Art Center Sarasota'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