Carnegie Arts Center Foundation Turlock
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 339,429 | 80,488 | 258,941 | 153.9 | 49% |
| 2012 | 581,669 | 331,083 | 250,586 | 46.5 | 19% |
| 2013 | 482,260 | 318,597 | 163,663 | 54.4 | 29% |
| 2014 | 633,384 | 478,444 | 154,940 | 41.4 | 19% |
| 2015 | 509,462 | 392,129 | 117,333 | 52.1 | 21% |
| 2016 | 532,160 | 460,927 | 71,233 | 46.5 | 18% |
| 2017 | 456,758 | 411,466 | 45,292 | 55.9 | 25% |
| 2018 | 482,507 | 473,757 | 8,750 | 47.9 | 25% |
| 2019 | 469,846 | 396,609 | 73,237 | 61.0 | 26% |
| 2020 | 504,640 | 351,030 | 153,610 | 73.8 | 31% |
| 2021 | 510,632 | 308,226 | 202,406 | 101.5 | 33% |
| 2022 | 737,922 | 424,876 | 313,046 | 70.5 | 31% |
| 2023 | 691,188 | 422,124 | 269,064 | 82.6 | 34% |
In its most recent public year (2023), this organization brought in $269,064 more than it spent. Its reserves stood at about 82.6 months of spending, down from 153.9 in 2011. Staff pay was 34% 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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