The Guilford Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 550,675 | 598,099 | −47,424 | 19.5 | 42% |
| 2012 | 754,337 | 787,143 | −32,806 | 14.6 | 32% |
| 2013 | 921,150 | 942,674 | −21,524 | 12.2 | 30% |
| 2014 | 971,580 | 939,444 | 32,136 | 13.4 | 29% |
| 2015 | 1,010,051 | 966,849 | 43,202 | 13.5 | 25% |
| 2016 | 1,069,333 | 986,153 | 83,180 | 14.6 | 42% |
| 2017 | 1,091,322 | 1,010,040 | 81,282 | 15.7 | 41% |
| 2018 | 1,167,654 | 1,008,307 | 159,347 | 18.3 | 43% |
| 2019 | 1,147,120 | 1,044,217 | 102,903 | 19.1 | 42% |
| 2020 | 779,886 | 749,754 | 30,132 | 28.3 | 46% |
| 2021 | 872,806 | 559,830 | 312,976 | 47.1 | 37% |
| 2022 | 1,170,235 | 942,347 | 227,888 | 29.6 | 49% |
| 2023 | 1,040,481 | 917,259 | 123,222 | 33.0 | 49% |
| 2024 | 1,204,055 | 1,003,697 | 200,358 | 34.7 | 48% |
In its most recent public year (2024), this organization brought in $200,358 more than it spent. Its reserves stood at about 34.7 months of spending, up from 19.5 in 2011. Staff pay was 48% of spending. $137,064 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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