Arts & Business Council Of Miami Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 249,526 | 250,353 | −827 | 12.9 | 40% |
| 2012 | 194,408 | 203,572 | −9,164 | 15.3 | 42% |
| 2013 | 276,697 | 244,206 | 32,491 | 14.1 | 39% |
| 2014 | 398,395 | 321,081 | 77,314 | 13.6 | 35% |
| 2015 | 265,033 | 272,559 | −7,526 | 15.7 | 40% |
| 2016 | 516,019 | 367,955 | 148,064 | 16.4 | 34% |
| 2017 | 305,582 | 326,242 | −20,660 | 17.8 | 36% |
| 2018 | 289,226 | 400,952 | −111,726 | 12.1 | 28% |
| 2019 | 374,134 | 468,610 | −94,476 | 8.0 | 26% |
| 2020 | 623,903 | 604,967 | 18,936 | 6.5 | 25% |
| 2021 | 378,753 | 272,906 | 105,847 | 25.7 | 57% |
| 2023 | 765,303 | 707,558 | 57,745 | 10.6 | 33% |
In its most recent public year (2023), this organization brought in $57,745 more than it spent. Its reserves stood at about 10.6 months of spending, down from 12.9 in 2011. Staff pay was 33% 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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