Lehi City Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 149,140 | 114,583 | 34,557 | 3.6 | — |
| 2015 | 111,548 | 91,525 | 20,023 | 5.6 | — |
| 2016 | 114,716 | 128,281 | −13,565 | 2.7 | — |
| 2017 | 135,458 | 143,427 | −7,969 | 1.7 | — |
| 2018 | 136,120 | 114,178 | 21,942 | 2.3 | 8% |
| 2019 | 115,909 | 104,632 | 11,277 | 1.3 | 9% |
| 2020 | 131,089 | 102,223 | 28,866 | 4.7 | — |
| 2021 | 192,608 | 167,803 | 24,805 | 4.6 | — |
| 2022 | 233,350 | 191,872 | 41,478 | 6.7 | 5% |
| 2023 | 304,541 | 270,566 | 33,975 | 7.9 | 3% |
In its most recent public year (2023), this organization brought in $33,975 more than it spent. Its reserves stood at about 7.9 months of spending, up from 3.6 in 2014. Staff pay was 3% 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
Lehi City 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