Empire Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 173,316 | 257,775 | −84,459 | 36.9 | 29% |
| 2013 | 203,536 | 284,999 | −81,463 | 30.4 | 23% |
| 2014 | 251,640 | 350,272 | −98,632 | 21.9 | 21% |
| 2015 | 281,531 | 328,801 | −47,270 | 21.6 | 25% |
| 2016 | 387,539 | 381,324 | 6,215 | 18.8 | 20% |
| 2017 | 412,624 | 447,270 | −34,646 | 15.4 | 20% |
| 2018 | 481,704 | 493,979 | −12,275 | 13.2 | 11% |
| 2019 | 480,389 | 520,905 | −40,516 | 11.7 | 23% |
| 2020 | 440,233 | 450,449 | −10,216 | 13.3 | 23% |
| 2021 | 592,488 | 302,701 | 289,787 | 32.2 | 15% |
| 2022 | 491,350 | 515,581 | −24,231 | 18.4 | 26% |
| 2023 | 445,124 | 525,430 | −80,306 | 16.0 | 24% |
In its most recent public year (2023), this organization spent $80,306 more than it brought in. Its reserves stood at about 16 months of spending, down from 36.9 in 2012. Staff pay was 24% 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
Empire Arts 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