Twin City Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 93,876 | 91,556 | 2,320 | 99.6 | 0% |
| 2013 | 151,413 | 124,123 | 27,290 | 76.1 | 0% |
| 2014 | 117,065 | 87,090 | 29,975 | 112.5 | 0% |
| 2015 | 138,298 | 116,575 | 21,723 | 86.3 | 0% |
| 2016 | 94,125 | 112,249 | −18,124 | 87.7 | 0% |
| 2017 | 126,281 | 107,361 | 18,920 | 93.8 | 0% |
| 2018 | 138,301 | 139,629 | −1,328 | 70.2 | 0% |
| 2019 | 197,892 | 93,391 | 104,501 | 116.2 | 0% |
| 2020 | 53,045 | 99,369 | −46,324 | 101.2 | 0% |
| 2021 | 22,603 | 13,111 | 9,492 | 902.0 | 0% |
| 2022 | 108,579 | 108,016 | 563 | 96.3 | 0% |
| 2023 | 86,092 | 96,862 | −10,770 | 109.6 | 0% |
In its most recent public year (2023), this organization spent $10,770 more than it brought in. Its reserves stood at about 109.6 months of spending, up from 99.6 in 2012. Staff pay was 0% of spending.
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
Twin City Art Foundation'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