Bower Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 623,384 | 100,438 | 522,946 | 62.5 | 29% |
| 2017 | 122,305 | 157,289 | −34,984 | 37.2 | 38% |
| 2018 | 166,653 | 202,390 | −35,737 | 26.8 | 47% |
| 2019 | 156,203 | 198,463 | −42,260 | 24.8 | 44% |
| 2020 | 191,074 | 205,416 | −14,342 | 23.1 | 49% |
| 2021 | 235,720 | 222,852 | 12,868 | 22.0 | 43% |
| 2022 | 230,906 | 265,720 | −34,814 | 16.9 | 43% |
| 2023 | 248,176 | 271,801 | −23,625 | 15.4 | 39% |
In its most recent public year (2023), this organization spent $23,625 more than it brought in. Its reserves stood at about 15.4 months of spending, down from 62.5 in 2016. Staff pay was 39% of spending. $17,523 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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