Hernando County Fine Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 48,802 | 40,398 | 8,404 | 24.9 | — |
| 2023 | 85,792 | 75,895 | 9,897 | 14.8 | — |
| 2024 | 49,408 | 33,435 | 15,973 | 39.2 | — |
In its most recent public year (2024), this organization brought in $15,973 more than it spent. Its reserves stood at about 39.2 months of spending, up from 24.9 in 2022.
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 2024. 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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