Hattiesburg Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 55,032 | 62,654 | −7,622 | 29.3 | 40% |
| 2012 | 57,399 | 55,140 | 2,259 | 33.8 | 45% |
| 2013 | 45,551 | 56,348 | −10,797 | 30.8 | 44% |
| 2014 | 98,481 | 79,388 | 19,093 | 24.7 | 33% |
| 2015 | 112,362 | 90,700 | 21,662 | 24.5 | 38% |
| 2016 | 108,663 | 128,459 | −19,796 | 15.5 | 42% |
| 2017 | 202,858 | 192,660 | 10,198 | 10.9 | 31% |
| 2018 | 131,585 | 128,350 | 3,235 | 16.7 | 47% |
| 2019 | 126,989 | 126,474 | 515 | 16.1 | 51% |
| 2020 | 118,538 | 119,089 | −551 | 17.0 | 55% |
| 2021 | 121,350 | 123,095 | −1,745 | 16.3 | 52% |
| 2022 | 147,855 | 139,441 | 8,414 | 15.1 | 43% |
| 2023 | 133,695 | 132,626 | 1,069 | 16.0 | 46% |
| 2024 | 133,399 | 133,595 | −196 | 15.9 | 47% |
In its most recent public year (2024), this organization spent $196 more than it brought in. Its reserves stood at about 15.9 months of spending, down from 29.3 in 2011. Staff pay was 47% 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
Hattiesburg Arts Council's IRS filings as a feed — one entry per filing year, through 2024. 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