Foothills Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 642,635 | 715,987 | −73,352 | 27.2 | 34% |
| 2012 | 768,304 | 809,023 | −40,719 | 24.5 | 28% |
| 2013 | 770,090 | 884,079 | −113,989 | 21.7 | 29% |
| 2014 | 722,086 | 801,560 | −79,474 | 19.3 | 34% |
| 2015 | 652,290 | 752,066 | −99,776 | 18.6 | 38% |
| 2016 | 570,341 | 603,494 | −33,153 | 22.6 | 44% |
| 2017 | 704,007 | 575,628 | 128,379 | 26.8 | 52% |
| 2018 | 646,353 | 669,507 | −23,154 | 22.5 | 43% |
| 2019 | 584,693 | 672,575 | −87,882 | 20.9 | 47% |
| 2020 | 889,422 | 627,628 | 261,794 | 27.4 | 56% |
| 2021 | 1,395,944 | 973,319 | 422,625 | 22.9 | 44% |
| 2022 | 2,861,245 | 907,726 | 1,953,519 | 50.4 | 47% |
| 2023 | 3,383,771 | 829,607 | 2,554,164 | 92.1 | 51% |
In its most recent public year (2023), this organization brought in $2,554,164 more than it spent. Its reserves stood at about 92.1 months of spending, up from 27.2 in 2011. Staff pay was 51% of spending. $312,166 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 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
Foothills Art Center 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