Independent Arts & Media
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 200,650 | 171,280 | 29,370 | 3.9 | 10% |
| 2010 | 221,457 | 242,749 | −21,292 | 1.7 | 17% |
| 2011 | 280,796 | 272,060 | 8,736 | 1.9 | 13% |
| 2012 | 341,838 | 369,909 | −28,071 | 0.5 | 0% |
| 2013 | 498,027 | 373,086 | 124,941 | 4.5 | 0% |
| 2014 | 455,873 | 394,029 | 61,844 | 6.2 | 0% |
| 2015 | 528,572 | 486,447 | 42,125 | 6.0 | 0% |
| 2016 | 990,443 | 810,256 | 180,187 | 6.5 | 1% |
| 2017 | 817,357 | 864,333 | −46,976 | 5.4 | 3% |
| 2018 | 895,278 | 698,176 | 197,102 | 10.0 | 4% |
| 2019 | 1,523,144 | 1,081,031 | 442,113 | 11.5 | 20% |
| 2020 | 3,883,542 | 3,245,014 | 638,528 | 6.2 | 16% |
| 2021 | 3,960,803 | 3,223,436 | 737,367 | 9.1 | 29% |
| 2022 | 3,974,178 | 3,907,634 | 66,544 | 7.6 | 25% |
| 2023 | 5,897,959 | 2,994,186 | 2,903,773 | 21.3 | 36% |
In its most recent public year (2023), this organization brought in $2,903,773 more than it spent. Its reserves stood at about 21.3 months of spending, up from 3.9 in 2009. Staff pay was 36% of spending. $1,313,017 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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