Arts Hancock County Mississippi
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 244,586 | 32,027 | 212,559 | 84.0 | 26% |
| 2021 | 103,313 | 68,228 | 35,085 | 45.7 | 17% |
| 2022 | 277,379 | 98,027 | 179,352 | 53.7 | 18% |
| 2023 | 171,472 | 122,109 | 49,363 | 48.0 | 27% |
In its most recent public year (2023), this organization brought in $49,363 more than it spent. Its reserves stood at about 48 months of spending, down from 84 in 2020. Staff pay was 27% 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
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