Arts Memphis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,361,032 | 2,741,658 | −1,380,626 | 53.5 | 19% |
| 2021 | 7,627,424 | 2,262,185 | 5,365,239 | 115.9 | 22% |
| 2022 | 4,849,435 | 3,461,047 | 1,388,388 | 74.9 | 14% |
| 2023 | 3,289,255 | 4,429,798 | −1,140,543 | 59.9 | 11% |
In its most recent public year (2023), this organization spent $1,140,543 more than it brought in. Its reserves stood at about 59.9 months of spending, up from 53.5 in 2020. Staff pay was 11% of spending. $6,073,145 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