Taylorsville Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 39,149 | 40,539 | −1,390 | 12.1 | — |
| 2016 | 30,859 | 35,118 | −4,259 | 12.5 | — |
| 2017 | 51,450 | 41,930 | 9,520 | 13.2 | — |
| 2018 | 59,145 | 61,078 | −1,933 | 8.7 | — |
| 2019 | 64,680 | 49,756 | 14,924 | 14.3 | — |
| 2020 | 21,000 | 16,236 | 4,764 | 47.2 | — |
| 2021 | 50,590 | 51,752 | −1,162 | 14.8 | — |
| 2022 | 88,393 | 54,565 | 33,828 | 21.6 | — |
| 2023 | 62,730 | 55,224 | 7,506 | 23.0 | — |
In its most recent public year (2023), this organization brought in $7,506 more than it spent. Its reserves stood at about 23 months of spending, up from 12.1 in 2015.
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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