Glenwood Springs Art Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 361,945 | 378,890 | −16,945 | 12.7 | 34% |
| 2011 | 430,403 | 424,139 | 6,264 | 11.2 | 26% |
| 2012 | 431,428 | 438,518 | −7,090 | 10.6 | 31% |
| 2013 | 377,222 | 363,990 | 13,232 | 13.2 | 37% |
| 2014 | 401,046 | 402,972 | −1,926 | 11.9 | 27% |
| 2015 | 347,534 | 469,237 | −121,703 | 7.1 | 21% |
| 2016 | 342,764 | 410,323 | −67,559 | 7.9 | 22% |
| 2017 | −47,488 | 219,975 | −267,463 | 0.1 | 16% |
| 2018 | 24,732 | 6,416 | 18,316 | 11.2 | 0% |
| 2019 | 22,595 | 13,974 | 8,621 | 12.5 | 0% |
| 2020 | 4,376 | 7,169 | −2,793 | 19.7 | 0% |
| 2021 | 14,270 | 10,036 | 4,234 | 19.2 | 0% |
| 2022 | 30,291 | 31,974 | −1,683 | 5.4 | 0% |
| 2023 | 33,257 | 36,236 | −2,979 | 3.8 | 0% |
In its most recent public year (2023), this organization spent $2,979 more than it brought in. Its reserves stood at about 3.8 months of spending, down from 12.7 in 2010. 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
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