Arts & Crafts Association Of Meriden Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,067 | 71,452 | −9,385 | 24.2 | 23% |
| 2021 | 147,544 | 68,851 | 78,693 | 38.8 | 27% |
| 2022 | 129,933 | 76,173 | 53,760 | 43.5 | 30% |
| 2023 | 118,172 | 94,388 | 23,784 | 38.1 | 27% |
| 2024 | 106,930 | 92,056 | 14,874 | 42.9 | 31% |
In its most recent public year (2024), this organization brought in $14,874 more than it spent. Its reserves stood at about 42.9 months of spending, up from 24.2 in 2020. Staff pay was 31% 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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