Richmond Area Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 191,519 | 256,792 | −65,273 | 45.3 | 19% |
| 2012 | 205,096 | 238,396 | −33,300 | 47.1 | 23% |
| 2013 | 268,076 | 239,844 | 28,232 | 47.9 | 28% |
| 2014 | 265,426 | 211,767 | 53,659 | 57.3 | 30% |
| 2015 | 238,104 | 255,396 | −17,292 | 46.7 | 24% |
| 2016 | 211,842 | 235,474 | −23,632 | 49.5 | 26% |
| 2017 | 646,156 | 345,158 | 300,998 | 46.1 | 20% |
| 2018 | 242,089 | 447,078 | −204,989 | 29.7 | 18% |
| 2019 | 255,914 | 223,979 | 31,935 | 59.6 | 35% |
| 2020 | 171,179 | 186,405 | −15,226 | 68.5 | 40% |
| 2021 | 371,790 | 115,253 | 256,537 | 137.6 | 47% |
| 2022 | 19,001 | 139,094 | −120,093 | 103.6 | 42% |
| 2023 | 269,579 | 168,805 | 100,774 | 92.8 | 41% |
In its most recent public year (2023), this organization brought in $100,774 more than it spent. Its reserves stood at about 92.8 months of spending, up from 45.3 in 2011. Staff pay was 41% of spending. $12,364 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
Richmond Area Arts Council Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works