Art League Of New Britain
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 44,875 | 61,911 | −17,036 | 109.2 | 0% |
| 2022 | 43,218 | 60,977 | −17,759 | 108.1 | 0% |
| 2023 | 77,469 | 73,734 | 3,735 | 89.7 | 0% |
| 2024 | 57,269 | 68,270 | −11,001 | 94.3 | 0% |
In its most recent public year (2024), this organization spent $11,001 more than it brought in. Its reserves stood at about 94.3 months of spending, down from 109.2 in 2021. Staff pay was 0% of spending. $117,361 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 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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