Lakewood Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 42,780 | 28,357 | 14,423 | 22.4 | — |
| 2017 | 44,431 | 29,488 | 14,943 | 27.6 | — |
| 2018 | 43,072 | 34,733 | 8,339 | 26.3 | — |
| 2019 | 36,244 | 29,898 | 6,346 | 33.2 | — |
| 2020 | 42,422 | 28,029 | 14,393 | 41.7 | — |
| 2021 | 49,035 | 42,703 | 6,332 | 29.1 | — |
| 2022 | 46,451 | 54,732 | −8,281 | 20.9 | — |
| 2023 | 58,928 | 55,839 | 3,089 | 19.5 | — |
In its most recent public year (2023), this organization brought in $3,089 more than it spent. Its reserves stood at about 19.5 months of spending, down from 22.4 in 2016.
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
Lakewood Arts Council Inc'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