Art Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 788,128 | 478,686 | 309,442 | -13.2 | 34% |
| 2012 | 658,844 | 407,523 | 251,321 | -8.1 | 33% |
| 2013 | 561,914 | 532,372 | 29,542 | -3.2 | 32% |
| 2014 | 642,887 | 510,848 | 132,039 | -0.2 | 32% |
| 2015 | 658,010 | 527,187 | 130,823 | 2.8 | 34% |
| 2016 | 466,116 | 516,221 | −50,105 | 1.7 | 39% |
| 2017 | 568,819 | 635,205 | −66,386 | 0.1 | 31% |
| 2018 | 1,539,370 | 1,424,296 | 115,074 | 1.0 | 15% |
| 2019 | 2,304,844 | 1,560,789 | 744,055 | 6.6 | 18% |
| 2022 | 1,403,687 | 1,322,427 | 81,260 | 12.0 | 33% |
| 2023 | 1,740,288 | 1,488,579 | 251,709 | 13.6 | 29% |
In its most recent public year (2023), this organization brought in $251,709 more than it spent. Its reserves stood at about 13.6 months of spending, up from -13.2 in 2011. Staff pay was 29% of spending. $278,089 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
Art Council 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