The Louise Hopkins Underwood Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 988,828 | 1,126,711 | −137,883 | 70.0 | 21% |
| 2012 | 989,237 | 1,086,791 | −97,554 | 71.9 | 24% |
| 2013 | 1,225,690 | 1,350,354 | −124,664 | 57.2 | 18% |
| 2014 | 1,131,271 | 1,227,961 | −96,690 | 60.9 | 13% |
| 2015 | 819,103 | 1,001,369 | −182,266 | 71.0 | 9% |
| 2016 | 990,470 | 1,144,849 | −154,379 | 60.9 | 17% |
| 2017 | 1,144,543 | 1,187,006 | −42,463 | 58.9 | 18% |
| 2018 | 751,833 | 1,161,530 | −409,697 | 55.9 | 28% |
| 2019 | 1,021,088 | 1,259,583 | −238,495 | 48.5 | 25% |
| 2020 | 795,102 | 1,148,522 | −353,420 | 49.5 | 29% |
| 2021 | 1,139,085 | 1,186,449 | −47,364 | 49.7 | 28% |
| 2022 | 1,119,911 | 1,285,625 | −165,714 | 41.7 | 27% |
| 2023 | 916,312 | 1,227,864 | −311,552 | 41.2 | 20% |
In its most recent public year (2023), this organization spent $311,552 more than it brought in. Its reserves stood at about 41.2 months of spending, down from 70 in 2011. Staff pay was 20% of spending. $213,859 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
The Louise Hopkins Underwood Center For The Arts'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