Northwest Connecticut Association For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,512,203 | 2,533,779 | −21,576 | 37.2 | 26% |
| 2021 | 1,925,659 | 1,406,479 | 519,180 | 71.5 | 26% |
| 2022 | 3,781,134 | 3,397,852 | 383,282 | 30.9 | 21% |
| 2023 | 3,294,196 | 4,177,605 | −883,409 | 22.6 | 23% |
In its most recent public year (2023), this organization spent $883,409 more than it brought in. Its reserves stood at about 22.6 months of spending, down from 37.2 in 2020. Staff pay was 23% of spending. $159,778 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works