Laredo Center For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 170,910 | 168,193 | 2,717 | 8.0 | 9% |
| 2012 | 200,556 | 209,875 | −9,319 | 4.0 | 36% |
| 2013 | 276,246 | 252,161 | 24,085 | 0.9 | 41% |
| 2014 | 303,100 | 312,655 | −9,555 | 0.4 | 25% |
| 2015 | 312,351 | 237,674 | 74,677 | 4.2 | 21% |
| 2016 | 284,421 | 277,893 | 6,528 | 3.9 | 14% |
| 2017 | 265,069 | 219,294 | 45,775 | 6.8 | 22% |
| 2018 | 294,595 | 251,033 | 43,562 | 9.6 | 19% |
| 2019 | 200,276 | 243,023 | −42,747 | 6.9 | 21% |
| 2020 | 221,381 | 225,749 | −4,368 | 8.2 | 26% |
| 2021 | 240,593 | 259,990 | −19,397 | 6.2 | 31% |
| 2022 | 257,089 | 312,792 | −55,703 | 1.5 | 20% |
In its most recent public year (2022), this organization spent $55,703 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 8 in 2011. Staff pay was 20% 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 2022. 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
Laredo Center For The Arts Inc's IRS filings as a feed — one entry per filing year, through 2022. 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