Cornelius Arts Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 80,400 | 69,962 | 10,438 | 1.8 | — |
| 2018 | 271,479 | 265,205 | 6,274 | 0.8 | 55% |
| 2019 | 7,514,961 | 772,695 | 6,742,266 | 105.0 | 23% |
| 2020 | 4,680,061 | 1,750,602 | 2,929,459 | 66.4 | 11% |
| 2021 | 8,259,432 | 480,022 | 7,779,410 | 436.7 | 44% |
| 2022 | 7,473,472 | 779,726 | 6,693,746 | 371.4 | 43% |
| 2023 | 3,033,554 | 2,157,682 | 875,872 | 139.2 | 26% |
| 2024 | 3,417,708 | 3,034,505 | 383,203 | 100.5 | 25% |
In its most recent public year (2024), this organization brought in $383,203 more than it spent. Its reserves stood at about 100.5 months of spending, up from 1.8 in 2017. Staff pay was 25% of spending. $2,622,939 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 2024. 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
Cornelius Arts Community Center Inc's IRS filings as a feed — one entry per filing year, through 2024. 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