Public Corporation For The Arts Of The City Of Long Beach
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,135,415 | 1,114,182 | 21,233 | 1.9 | 28% |
| 2012 | 833,499 | 838,033 | −4,534 | 2.6 | 29% |
| 2013 | 707,118 | 678,915 | 28,203 | 3.9 | 33% |
| 2014 | 869,472 | 789,425 | 80,047 | 4.7 | 13% |
| 2015 | 728,180 | 726,188 | 1,992 | 5.2 | 32% |
| 2016 | 713,817 | 751,316 | −37,499 | 4.5 | 37% |
| 2017 | 814,739 | 715,491 | 99,248 | 6.6 | 35% |
| 2018 | 938,178 | 855,364 | 82,814 | 6.7 | 31% |
| 2019 | 1,316,909 | 1,016,688 | 300,221 | 9.2 | 32% |
| 2020 | 1,166,856 | 991,658 | 175,198 | 11.7 | 39% |
| 2021 | 3,278,156 | 2,945,664 | 332,492 | 5.3 | 15% |
| 2022 | 6,895,518 | 2,067,608 | 4,827,910 | 35.5 | 24% |
| 2023 | 2,703,019 | 6,312,543 | −3,609,524 | 4.8 | 9% |
In its most recent public year (2023), this organization spent $3,609,524 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 1.9 in 2011. Staff pay was 9% of spending. $2,020,033 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
Public Corporation For The Arts Of The City Of Long Beach'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