Waco Creative Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 123,239 | 139,762 | −16,523 | 67.1 | 58% |
| 2012 | 70,890 | 138,416 | −67,526 | 61.9 | 62% |
| 2013 | 84,990 | 128,433 | −43,443 | 64.2 | 70% |
| 2014 | 65,289 | 237,838 | −172,549 | 25.7 | 33% |
| 2015 | 83,816 | 95,506 | −11,690 | 62.9 | 51% |
| 2016 | 110,153 | 117,585 | −7,432 | 57.2 | 52% |
| 2017 | 178,499 | 162,549 | 15,950 | 43.6 | 43% |
| 2018 | 258,724 | 150,921 | 107,803 | 51.4 | 48% |
| 2019 | 809,773 | 195,410 | 614,363 | 77.9 | 43% |
| 2020 | 535,268 | 192,587 | 342,681 | 98.7 | 64% |
| 2021 | 639,528 | 199,025 | 440,503 | 140.8 | 61% |
| 2022 | 1,611,495 | 519,513 | 1,091,982 | 73.1 | 30% |
| 2023 | 466,040 | 523,048 | −57,008 | 71.6 | 17% |
In its most recent public year (2023), this organization spent $57,008 more than it brought in. Its reserves stood at about 71.6 months of spending, up from 67.1 in 2011. Staff pay was 17% of spending. $350,072 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
Waco Creative Art Center'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