Atlantic Center For The Arts Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $1,082,383 | $1,181,898 | −$99,515 | 84.1 | 39% |
| 2021 | $1,435,655 | $1,433,605 | $2,050 | 72.2 | 39% |
| 2022 | $1,413,133 | $1,610,378 | −$197,245 | 58.1 | 41% |
| 2023 | $1,051,597 | $1,777,015 | −$725,418 | 50.5 | 40% |
In its most recent public year (2023), this organization spent $725,418 more than it brought in. Its reserves stood at about 50.5 months of spending, down from 84.1 in 2020. Staff pay was 40% of spending. $3,384,893 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 ↗
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