Memphis Cultural Arts Enrichment Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 110,560 | 65,198 | 45,362 | 9.8 | — |
| 2012 | 157,887 | 170,753 | −12,866 | 2.8 | — |
| 2013 | 119,965 | 115,006 | 4,959 | 4.7 | — |
| 2014 | 78,960 | 99,806 | −20,846 | 2.9 | — |
| 2015 | 95,750 | 94,613 | 1,137 | 3.2 | — |
| 2016 | 78,000 | 96,393 | −18,393 | 0.9 | — |
| 2017 | 71,061 | 61,123 | 9,938 | 3.4 | — |
| 2018 | 41,800 | 60,682 | −18,882 | -0.4 | — |
| 2019 | 64,000 | 59,288 | 4,712 | 0.6 | 93% |
| 2020 | 72,500 | 59,528 | 12,972 | 3.2 | 92% |
| 2021 | 72,000 | 64,636 | 7,364 | 4.3 | 93% |
| 2022 | 56,500 | 64,621 | −8,121 | 2.8 | 93% |
| 2023 | 68,750 | 64,612 | 4,138 | 3.6 | 93% |
In its most recent public year (2023), this organization brought in $4,138 more than it spent. Its reserves stood at about 3.6 months of spending, down from 9.8 in 2011. Staff pay was 93% 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 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
Memphis Cultural Arts Enrichment Center'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