The Center For Cultural Innovation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,713,080 | 1,251,373 | 461,707 | 16.6 | 23% |
| 2013 | 932,241 | 1,235,712 | −303,471 | 13.9 | 21% |
| 2014 | 767,978 | 1,177,635 | −409,657 | 10.4 | 21% |
| 2015 | 815,779 | 840,476 | −24,697 | 14.2 | 20% |
| 2016 | 1,482,987 | 1,156,405 | 326,582 | 13.7 | 23% |
| 2017 | 810,256 | 1,110,192 | −299,936 | 11.1 | 25% |
| 2018 | 1,725,922 | 1,045,200 | 680,722 | 19.6 | 28% |
| 2019 | 4,040,962 | 1,156,546 | 2,884,416 | 47.6 | 32% |
| 2020 | 4,209,027 | 5,576,345 | −1,367,318 | 6.9 | 9% |
| 2021 | 16,920,797 | 6,715,362 | 10,205,435 | 24.0 | 9% |
| 2022 | 5,971,325 | 3,996,178 | 1,975,147 | 46.3 | 25% |
| 2023 | 8,534,816 | 5,978,761 | 2,556,055 | 36.0 | 23% |
| 2024 | 3,079,757 | 6,247,204 | −3,167,447 | 28.8 | 22% |
In its most recent public year (2024), this organization spent $3,167,447 more than it brought in. Its reserves stood at about 28.8 months of spending, up from 16.6 in 2012. Staff pay was 22% of spending. $5,184,145 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 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
The Center For Cultural Innovation's IRS filings as a feed — one entry per filing year, through 2024. 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