Operating record

Atlantic Center For The Arts Inc

New Smyrna, FL · EIN 59-1998321 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$1,082,383$1,181,898−$99,51584.139%
2021$1,435,655$1,433,605$2,05072.239%
2022$1,413,133$1,610,378−$197,24558.141%
2023$1,051,597$1,777,015−$725,41850.540%

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 ↗