Celtic Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 445,870 | 413,338 | 32,532 | 5.0 | 26% |
| 2012 | 480,406 | 416,533 | 63,873 | 6.8 | 20% |
| 2013 | 614,961 | 422,583 | 192,378 | 12.2 | 19% |
| 2014 | 2,154,506 | 446,413 | 1,708,093 | 57.5 | 27% |
| 2015 | 827,529 | 557,668 | 269,861 | 51.8 | 21% |
| 2016 | 676,717 | 615,959 | 60,758 | 48.1 | 24% |
| 2017 | 681,865 | 675,263 | 6,602 | 44.1 | 26% |
| 2018 | 716,943 | 702,462 | 14,481 | 42.4 | 26% |
| 2019 | 831,380 | 821,262 | 10,118 | 36.8 | 24% |
| 2020 | 539,121 | 585,135 | −46,014 | 50.8 | 37% |
| 2021 | 1,117,015 | 513,202 | 603,813 | 72.1 | 44% |
| 2022 | 1,092,443 | 641,782 | 450,661 | 63.6 | 36% |
| 2023 | 883,492 | 992,371 | −108,879 | 41.6 | 19% |
In its most recent public year (2023), this organization spent $108,879 more than it brought in. Its reserves stood at about 41.6 months of spending, up from 5 in 2011. Staff pay was 19% of spending. $227,180 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
Celtic 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