Riverside Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 585,604 | 597,419 | −11,815 | 0.0 | 26% |
| 2012 | 667,149 | 599,636 | 67,513 | 1.3 | 21% |
| 2013 | 637,650 | 621,779 | 15,871 | 1.6 | 23% |
| 2014 | 605,489 | 621,810 | −16,321 | 1.3 | 22% |
| 2015 | 690,878 | 711,033 | −20,155 | 1.8 | 20% |
| 2016 | 619,123 | 666,721 | −47,598 | 1.0 | 20% |
| 2017 | 583,239 | 598,871 | −15,632 | 0.6 | 22% |
| 2018 | 340,207 | 347,674 | −7,467 | 0.7 | 39% |
| 2019 | 437,625 | 417,709 | 19,916 | 1.1 | 32% |
| 2020 | 405,392 | 375,862 | 29,530 | 2.1 | 30% |
| 2021 | 355,631 | 296,508 | 59,123 | 6.1 | 43% |
| 2022 | 252,916 | 310,242 | −57,326 | 3.4 | 42% |
| 2023 | 501,831 | 338,875 | 162,956 | 8.9 | 61% |
| 2024 | 466,356 | 503,525 | −37,169 | 5.1 | 57% |
In its most recent public year (2024), this organization spent $37,169 more than it brought in. Its reserves stood at about 5.1 months of spending, up from 0 in 2011. Staff pay was 57% of spending. $11,349 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 2024. 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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