Anacortes Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 95,266 | 85,420 | 9,846 | 5.3 | 12% |
| 2018 | 87,638 | 30,754 | 56,884 | 22.2 | — |
| 2019 | 71,856 | 63,507 | 8,349 | 10.3 | — |
| 2020 | 69,298 | 62,369 | 6,929 | 11.8 | — |
| 2021 | 35,818 | 18,357 | 17,461 | 51.9 | — |
| 2022 | 81,906 | 58,928 | 22,978 | 15.4 | — |
| 2023 | 68,718 | 41,268 | 27,450 | 30.0 | — |
In its most recent public year (2023), this organization brought in $27,450 more than it spent. Its reserves stood at about 30 months of spending, up from 5.3 in 2011.
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
Anacortes Arts 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