Salt Lake Arts Council Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,575,068 | 1,678,911 | −103,843 | 0.0 | 16% |
| 2012 | 1,859,561 | 1,829,940 | 29,621 | 0.2 | 18% |
| 2013 | 2,423,854 | 2,382,664 | 41,190 | 0.4 | 15% |
| 2014 | 2,967,370 | 2,852,181 | 115,189 | 0.8 | 20% |
| 2015 | 2,715,082 | 2,860,078 | −144,996 | -0.3 | 23% |
| 2016 | 2,707,408 | 2,679,767 | 27,641 | -0.2 | 25% |
| 2017 | 3,186,721 | 2,990,443 | 196,278 | 0.6 | 22% |
| 2018 | 2,396,333 | 2,582,131 | −185,798 | -0.1 | 24% |
| 2019 | 1,748,416 | 1,580,525 | 167,891 | 1.0 | 39% |
| 2020 | 1,528,743 | 1,383,569 | 145,174 | 2.5 | 43% |
| 2021 | 1,933,073 | 1,686,100 | 246,973 | 3.8 | 37% |
| 2022 | 2,133,751 | 1,977,991 | 155,760 | 4.2 | 36% |
| 2023 | 2,684,297 | 2,516,608 | 167,689 | 4.1 | 45% |
In its most recent public year (2023), this organization brought in $167,689 more than it spent. Its reserves stood at about 4.1 months of spending, up from 0 in 2011. Staff pay was 45% 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
Salt Lake Arts Council Foundation'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