Gadsden Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 525,619 | 317,282 | 208,337 | 78.2 | 30% |
| 2012 | 581,459 | 357,097 | 224,362 | 77.6 | 36% |
| 2013 | 475,121 | 423,278 | 51,843 | 67.7 | 23% |
| 2014 | 335,015 | 451,347 | −116,332 | 63.0 | 31% |
| 2015 | 528,417 | 466,712 | 61,705 | 62.5 | 32% |
| 2016 | 741,768 | 482,121 | 259,647 | 66.9 | 34% |
| 2017 | 502,360 | 574,879 | −72,519 | 54.6 | 29% |
| 2018 | 706,422 | 585,401 | 121,021 | 59.9 | 32% |
| 2019 | 520,917 | 618,732 | −97,815 | 62.1 | 34% |
| 2020 | 583,615 | 607,027 | −23,412 | 63.1 | 39% |
| 2021 | 839,126 | 560,371 | 278,755 | 74.4 | 38% |
| 2022 | 857,053 | 762,833 | 94,220 | 56.1 | 32% |
In its most recent public year (2022), this organization brought in $94,220 more than it spent. Its reserves stood at about 56.1 months of spending, down from 78.2 in 2011. Staff pay was 32% of spending. $885,241 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 2022. 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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