Lake County Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 146,512 | 229,251 | −82,739 | 62.9 | 4% |
| 2012 | 181,778 | 197,481 | −15,703 | 75.1 | 5% |
| 2013 | 174,180 | 184,637 | −10,457 | 79.6 | 5% |
| 2014 | 332,862 | 204,861 | 128,001 | 79.3 | 4% |
| 2015 | 226,440 | 255,762 | −29,322 | 60.5 | 3% |
| 2016 | 230,274 | 239,729 | −9,455 | 64.1 | 3% |
| 2017 | 224,127 | 242,704 | −18,577 | 58.9 | 4% |
| 2018 | 264,778 | 283,690 | −18,912 | 49.6 | 6% |
| 2019 | 300,006 | 323,764 | −23,758 | 42.4 | 4% |
| 2020 | 212,566 | 264,247 | −51,681 | 49.6 | 0% |
| 2021 | 103,505 | 122,284 | −18,779 | 106.7 | 15% |
| 2022 | 190,315 | 98,417 | 91,898 | 143.7 | 18% |
| 2023 | 254,480 | 219,365 | 35,115 | 66.1 | 3% |
In its most recent public year (2023), this organization brought in $35,115 more than it spent. Its reserves stood at about 66.1 months of spending, up from 62.9 in 2011. Staff pay was 3% of spending.
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
Lake County Arts Council'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