Port Aransas Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 116,753 | 113,581 | 3,172 | 7.9 | — |
| 2012 | 110,147 | 107,118 | 3,029 | 8.7 | — |
| 2013 | 289,543 | 194,592 | 94,951 | 0.0 | 17% |
| 2014 | 223,721 | 105,140 | 118,581 | 1.4 | 32% |
| 2015 | 249,840 | 141,409 | 108,431 | 0.0 | 26% |
| 2016 | 303,055 | 210,628 | 92,427 | -5.6 | 17% |
| 2017 | 270,788 | 57,572 | 213,216 | 272.6 | 64% |
| 2018 | 117,375 | 23,789 | 93,586 | 659.6 | 0% |
| 2019 | 183,440 | 211,134 | −27,694 | 14.8 | 16% |
| 2020 | 116,078 | 130,266 | −14,188 | 22.7 | 0% |
| 2021 | 205,901 | 188,606 | 17,295 | 16.8 | 6% |
| 2022 | 266,795 | 269,145 | −2,350 | 11.7 | 21% |
| 2023 | 1,119,127 | 360,164 | 758,963 | 34.0 | 37% |
In its most recent public year (2023), this organization brought in $758,963 more than it spent. Its reserves stood at about 34 months of spending, up from 7.9 in 2011. Staff pay was 37% of spending. $157,191 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
Port Aransas 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