Flagstaff Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 580,060 | 648,744 | −68,684 | 1.1 | 19% |
| 2013 | 632,220 | 639,189 | −6,969 | 1.0 | 26% |
| 2014 | 711,552 | 706,406 | 5,146 | 1.0 | 26% |
| 2015 | 682,982 | 680,535 | 2,447 | 1.1 | 27% |
| 2016 | 753,451 | 733,746 | 19,705 | 1.3 | 29% |
| 2017 | 829,285 | 830,381 | −1,096 | 11.5 | 29% |
| 2018 | 898,990 | 905,805 | −6,815 | 8.1 | 27% |
| 2019 | 824,302 | 832,861 | −8,559 | 6.1 | 28% |
| 2020 | 799,165 | 799,038 | 127 | 3.6 | 26% |
| 2021 | 873,786 | 800,745 | 73,041 | 2.0 | 28% |
| 2022 | 1,163,728 | 949,058 | 214,670 | 13.5 | 30% |
| 2023 | 1,140,854 | 1,491,018 | −350,164 | 5.1 | 31% |
In its most recent public year (2023), this organization spent $350,164 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 1.1 in 2012. Staff pay was 31% of spending. $515,366 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
Flagstaff Arts Council'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