Moore County Art Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 176,785 | 115,210 | 61,575 | 99.1 | 43% |
| 2021 | 213,950 | 124,174 | 89,776 | 105.1 | 41% |
| 2022 | 214,435 | 137,237 | 77,198 | 88.4 | 41% |
| 2023 | 191,446 | 138,632 | 52,814 | 94.0 | 43% |
In its most recent public year (2023), this organization brought in $52,814 more than it spent. Its reserves stood at about 94 months of spending, down from 99.1 in 2020. Staff pay was 43% 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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