Jersey City Arts Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 146,716 | 124,147 | 22,569 | 2.4 | — |
| 2020 | 25,922 | 8,788 | 17,134 | 56.9 | — |
| 2021 | 36,874 | 59,399 | −22,525 | 3.9 | — |
| 2022 | 322,665 | 282,914 | 39,751 | 2.5 | 15% |
| 2023 | 188,517 | 152,543 | 35,974 | 7.5 | — |
In its most recent public year (2023), this organization brought in $35,974 more than it spent. Its reserves stood at about 7.5 months of spending, up from 2.4 in 2019.
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
Jersey City Arts Council Inc'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