Fort Peck Fine Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 392,753 | 266,587 | 126,166 | 130.3 | 33% |
| 2021 | 534,173 | 518,704 | 15,469 | 70.2 | 29% |
| 2022 | 364,878 | 524,930 | −160,052 | 64.1 | 32% |
| 2023 | 488,144 | 596,402 | −108,258 | 41.1 | 32% |
In its most recent public year (2023), this organization spent $108,258 more than it brought in. Its reserves stood at about 41.1 months of spending, down from 130.3 in 2020. Staff pay was 32% of spending. $524,257 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
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