Norwich Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 136,429 | 128,285 | 8,144 | 37.4 | 18% |
| 2012 | 94,594 | 108,438 | −13,844 | 42.7 | 0% |
| 2013 | 59,052 | 75,162 | −16,110 | 59.3 | 0% |
| 2014 | 32,075 | 57,015 | −24,940 | 72.7 | 0% |
| 2015 | 53,528 | 66,560 | −13,032 | 52.3 | 0% |
| 2016 | 63,995 | 70,582 | −6,587 | 48.2 | 2% |
| 2017 | 112,016 | 93,341 | 18,675 | 38.4 | 0% |
| 2018 | 168,715 | 90,610 | 78,105 | 49.9 | 0% |
| 2019 | 86,996 | 95,452 | −8,456 | 47.4 | 0% |
| 2020 | 74,895 | 85,044 | −10,149 | 50.8 | 0% |
| 2021 | 54,797 | 48,495 | 6,302 | 90.7 | 0% |
| 2022 | 90,822 | 86,706 | 4,116 | 51.5 | 0% |
| 2023 | 111,527 | 96,423 | 15,104 | 48.2 | 0% |
| 2024 | 582,894 | 124,126 | 458,768 | 81.8 | 0% |
In its most recent public year (2024), this organization brought in $458,768 more than it spent. Its reserves stood at about 81.8 months of spending, up from 37.4 in 2011. Staff pay was 0% 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 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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