Art Works Downtown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 599,709 | 444,209 | 155,500 | 60.0 | 28% |
| 2012 | 441,065 | 475,937 | −34,872 | 55.1 | 28% |
| 2013 | 452,350 | 552,410 | −100,060 | 45.3 | 30% |
| 2014 | 441,663 | 542,947 | −101,284 | 43.9 | 31% |
| 2015 | 466,398 | 554,651 | −88,253 | 41.2 | 30% |
| 2016 | 629,604 | 587,996 | 41,608 | 39.7 | 33% |
| 2017 | 535,995 | 611,417 | −75,422 | 36.7 | 36% |
| 2018 | 441,659 | 668,653 | −226,994 | 29.5 | 33% |
| 2019 | 660,047 | 612,316 | 47,731 | 33.1 | 35% |
| 2020 | 571,935 | 511,258 | 60,677 | 41.1 | 34% |
| 2021 | 618,787 | 611,662 | 7,125 | 34.5 | 32% |
| 2022 | 639,609 | 674,938 | −35,329 | 30.6 | 36% |
| 2023 | 681,501 | 699,851 | −18,350 | 29.2 | 38% |
In its most recent public year (2023), this organization spent $18,350 more than it brought in. Its reserves stood at about 29.2 months of spending, down from 60 in 2011. Staff pay was 38% of spending. $5,000 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
Art Works Downtown Inc's IRS filings as a feed — one entry per filing year, through 2023. 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