The Arts Studio Dba Firehouse Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 62,331 | 48,972 | 13,359 | 15.3 | — |
| 2012 | 56,899 | 73,255 | −16,356 | 7.4 | — |
| 2013 | 66,159 | 51,660 | 14,499 | 13.9 | — |
| 2014 | 66,357 | 52,153 | 14,204 | 17.0 | — |
| 2015 | 105,100 | 75,197 | 29,903 | 16.6 | — |
| 2016 | 99,260 | 110,539 | −11,279 | 10.1 | — |
| 2017 | 97,563 | 123,557 | −25,994 | 6.5 | — |
| 2018 | 115,246 | 121,913 | −6,667 | 5.9 | — |
| 2019 | 159,461 | 159,005 | 456 | 5.9 | — |
| 2020 | 145,917 | 111,356 | 34,561 | 11.8 | — |
| 2021 | 136,034 | 129,366 | 6,668 | 11.2 | — |
| 2022 | 241,995 | 178,251 | 63,744 | 12.8 | 40% |
| 2023 | 184,641 | 179,028 | 5,613 | 13.0 | — |
In its most recent public year (2023), this organization brought in $5,613 more than it spent. Its reserves stood at about 13 months of spending, down from 15.3 in 2011.
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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