Fort Smith Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 741,875 | 185,260 | 556,615 | 200.5 | 51% |
| 2013 | 1,539,587 | 418,057 | 1,121,530 | 121.4 | 26% |
| 2014 | 687,660 | 391,938 | 295,722 | 139.2 | 21% |
| 2015 | 178,478 | 435,247 | −256,769 | 118.2 | 22% |
| 2016 | 895,255 | 472,921 | 422,334 | 119.4 | 26% |
| 2017 | 522,513 | 531,711 | −9,198 | 106.3 | 25% |
| 2018 | 555,781 | 654,427 | −98,646 | 84.7 | 29% |
| 2019 | 585,949 | 770,358 | −184,409 | 69.1 | 32% |
| 2020 | 576,622 | 693,601 | −116,979 | 74.6 | 39% |
| 2021 | 739,089 | 732,574 | 6,515 | 70.9 | 42% |
| 2022 | 1,507,880 | 883,250 | 624,630 | 67.1 | 38% |
| 2023 | 850,833 | 983,329 | −132,496 | 55.7 | 37% |
In its most recent public year (2023), this organization spent $132,496 more than it brought in. Its reserves stood at about 55.7 months of spending, down from 200.5 in 2012. Staff pay was 37% of spending. $43,832 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
Fort Smith Art Center 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