Maui Arts & Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,893,598 | 7,194,192 | −1,300,594 | 61.3 | 29% |
| 2012 | 6,849,563 | 8,212,116 | −1,362,553 | 51.7 | 27% |
| 2013 | 7,939,225 | 9,259,098 | −1,319,873 | 44.4 | 24% |
| 2014 | 7,580,016 | 9,105,906 | −1,525,890 | 43.5 | 27% |
| 2015 | 8,104,059 | 9,794,645 | −1,690,586 | 38.3 | 27% |
| 2016 | 9,482,709 | 10,006,180 | −523,471 | 36.8 | 27% |
| 2017 | 10,638,447 | 11,032,907 | −394,460 | 33.2 | 28% |
| 2018 | 8,558,827 | 9,660,504 | −1,101,677 | 36.7 | 30% |
| 2019 | 9,238,361 | 10,331,969 | −1,093,608 | 33.2 | 29% |
| 2020 | 6,520,550 | 9,276,637 | −2,756,087 | 33.3 | 32% |
| 2021 | 7,295,051 | 5,850,723 | 1,444,328 | 57.7 | 29% |
| 2022 | 9,713,031 | 7,544,104 | 2,168,927 | 46.3 | 37% |
| 2023 | 9,775,380 | 11,287,195 | −1,511,815 | 29.7 | 35% |
In its most recent public year (2023), this organization spent $1,511,815 more than it brought in. Its reserves stood at about 29.7 months of spending, down from 61.3 in 2011. Staff pay was 35% of spending. $8,911,635 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
Maui Arts & Cultural 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