Orcas Open Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 113,120 | 97,043 | 16,077 | 2.9 | — |
| 2017 | 122,084 | 131,871 | −9,787 | 1.3 | — |
| 2018 | 204,834 | 169,282 | 35,552 | 3.5 | 29% |
| 2019 | 259,483 | 245,893 | 13,590 | 3.1 | 21% |
| 2020 | 264,653 | 254,660 | 9,993 | 3.4 | 20% |
| 2021 | 76,694 | 31,479 | 45,215 | 45.1 | — |
| 2022 | 114,423 | 124,426 | −10,003 | 10.4 | — |
| 2023 | 217,742 | 285,225 | −67,483 | 1.7 | 36% |
In its most recent public year (2023), this organization spent $67,483 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 2.9 in 2016. Staff pay was 36% of spending. $34,012 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
Orcas Open Arts'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