Operating record

Rowayton Arts Center Inc

Norwalk, CT · EIN 06-6070045 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$291,565$244,474$47,09139.825%
2021$316,076$292,774$23,30238.023%
2022$351,758$315,867$35,89131.624%
2023$357,259$362,882−$5,62330.523%

In its most recent public year (2023), this organization spent $5,623 more than it brought in. Its reserves stood at about 30.5 months of spending, down from 39.8 in 2020. Staff pay was 23% of spending. $14,431 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 ↗