Mcgroarty Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 447,519 | 382,441 | 65,078 | 5.2 | 67% |
| 2012 | 399,361 | 405,563 | −6,202 | 4.7 | 71% |
| 2013 | 412,229 | 440,153 | −27,924 | 3.6 | 69% |
| 2014 | 364,003 | 443,710 | −79,707 | 1.4 | 66% |
| 2015 | 256,528 | 275,740 | −19,212 | 1.4 | 67% |
| 2016 | 250,657 | 222,181 | 28,476 | 3.2 | 64% |
| 2017 | 243,365 | 172,580 | 70,785 | 9.1 | 50% |
| 2018 | 255,534 | 159,352 | 96,182 | 17.1 | 56% |
| 2019 | 215,733 | 186,924 | 28,809 | 16.4 | 52% |
| 2020 | 149,592 | 124,359 | 25,233 | 27.1 | — |
| 2021 | 22,305 | 46,700 | −24,395 | 66.0 | — |
| 2022 | 30,536 | 61,387 | −30,851 | 44.1 | — |
| 2023 | 247,823 | 169,645 | 78,178 | 21.5 | 57% |
In its most recent public year (2023), this organization brought in $78,178 more than it spent. Its reserves stood at about 21.5 months of spending, up from 5.2 in 2011. Staff pay was 57% of spending. $13,620 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
Mcgroarty Arts Center'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