Monroe Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 16,365 | 6,585 | 9,780 | 23.5 | 0% |
| 2014 | 42,599 | 19,187 | 23,412 | 24.3 | 0% |
| 2015 | 17,959 | 21,286 | −3,327 | 19.8 | 0% |
| 2016 | 18,717 | 11,916 | 6,801 | 42.3 | — |
| 2023 | 66,801 | 53,645 | 13,156 | 14.6 | — |
In its most recent public year (2023), this organization brought in $13,156 more than it spent. Its reserves stood at about 14.6 months of spending, down from 23.5 in 2013.
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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