Gloucester Cultural & Civic Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 85,107 | 9,281 | 75,826 | 98.0 | — |
| 2021 | 93,097 | 19,763 | 73,334 | 90.6 | — |
| 2022 | 50,802 | 87,011 | −36,209 | 15.6 | — |
| 2023 | 48,032 | 69,709 | −21,677 | 15.7 | — |
In its most recent public year (2023), this organization spent $21,677 more than it brought in. Its reserves stood at about 15.7 months of spending, down from 98 in 2020.
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
Gloucester Cultural & Civic Center'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