Corvallis Arts Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 473,142 | 470,085 | 3,057 | 1.7 | 44% |
| 2013 | 423,137 | 412,055 | 11,082 | 2.3 | 37% |
| 2014 | 490,230 | 416,233 | 73,997 | 4.4 | 38% |
| 2015 | 440,155 | 445,520 | −5,365 | 3.9 | 38% |
| 2016 | 533,320 | 488,258 | 45,062 | 4.7 | 36% |
| 2017 | 377,248 | 404,948 | −27,700 | 4.9 | 48% |
| 2018 | 506,647 | 471,251 | 35,396 | 5.1 | 54% |
| 2019 | 327,356 | 371,855 | −44,499 | 5.0 | 56% |
| 2020 | 380,025 | 359,502 | 20,523 | 5.8 | 59% |
| 2021 | 422,108 | 371,099 | 51,009 | 7.3 | 63% |
| 2022 | 339,156 | 352,378 | −13,222 | 7.4 | 58% |
| 2023 | 1,247,367 | 528,292 | 719,075 | 21.3 | 53% |
In its most recent public year (2023), this organization brought in $719,075 more than it spent. Its reserves stood at about 21.3 months of spending, up from 1.7 in 2012. Staff pay was 53% of spending. $495,675 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
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