Lake County Rural Arts Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 13,695 | 10,591 | 3,104 | 15.0 | — |
| 2019 | 27,342 | 27,015 | 327 | 6.1 | — |
| 2020 | 35,685 | 25,155 | 10,530 | 11.6 | — |
| 2021 | 59,946 | 19,372 | 40,574 | 40.2 | — |
| 2022 | 60,343 | 96,620 | −36,277 | 3.7 | — |
| 2023 | 21,888 | 11,177 | 10,711 | 43.3 | — |
In its most recent public year (2023), this organization brought in $10,711 more than it spent. Its reserves stood at about 43.3 months of spending, up from 15 in 2018.
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
Lake County Rural Arts Initiative 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