Spruce Peak Arts Center Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 737,420 | 2,359,283 | −1,621,863 | 30.1 | 21% |
| 2012 | 438,763 | 1,723,083 | −1,284,320 | 32.2 | 17% |
| 2013 | 591,220 | 1,544,300 | −953,080 | 28.6 | 26% |
| 2014 | 555,867 | 1,484,948 | −929,081 | 22.2 | 26% |
| 2015 | 870,466 | 1,418,442 | −547,976 | 61.1 | 27% |
| 2016 | 952,721 | 1,168,805 | −216,084 | 71.9 | 28% |
| 2017 | 1,040,507 | 1,215,920 | −175,413 | 67.4 | 30% |
| 2018 | 1,216,952 | 1,353,481 | −136,529 | 59.3 | 26% |
| 2020 | 875,713 | 975,604 | −99,891 | 76.8 | 32% |
| 2021 | 1,017,343 | 934,212 | 83,131 | 81.3 | 29% |
| 2022 | 1,806,408 | 1,284,454 | 521,954 | 64.0 | 37% |
| 2023 | 1,410,928 | 1,894,243 | −483,315 | 40.3 | 38% |
In its most recent public year (2023), this organization spent $483,315 more than it brought in. Its reserves stood at about 40.3 months of spending, up from 30.1 in 2011. Staff pay was 38% of spending. $100,860 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
Spruce Peak Arts Center Foundation Inc'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