Fine Arts Center Partners
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 129,295 | 124,265 | 5,030 | 2.2 | — |
| 2023 | 290,436 | 147,642 | 142,794 | 13.4 | 0% |
| 2024 | 243,778 | 244,893 | −1,115 | 8.1 | 0% |
In its most recent public year (2024), this organization spent $1,115 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 2.2 in 2022. Staff pay was 0% 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 2024. 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
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