District Center For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 58,567 | 59,348 | −781 | 0.0 | — |
| 2021 | 110,630 | 165,888 | −55,258 | -9.3 | — |
| 2022 | 429,290 | 533,096 | −103,806 | -5.0 | 3% |
| 2023 | 718,311 | 619,667 | 98,644 | -1.9 | 14% |
In its most recent public year (2023), this organization brought in $98,644 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 0 in 2019. Staff pay was 14% of spending.
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
District Center For The Arts'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