Northwest Connecticut Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,631 | 139,993 | 4,638 | 2.3 | — |
| 2021 | 231,977 | 137,961 | 94,016 | 10.5 | 58% |
| 2022 | 443,919 | 374,514 | 69,405 | 6.1 | 29% |
| 2023 | 257,836 | 246,085 | 11,751 | 9.9 | 44% |
In its most recent public year (2023), this organization brought in $11,751 more than it spent. Its reserves stood at about 9.9 months of spending, up from 2.3 in 2020. Staff pay was 44% of spending. $17,243 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