516 Arts
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$383,975
Program Services
N/A
Government Grants
N/A
Contributions
N/A
Membership Dues
N/A
Fundraising Events
N/A
Investments
N/A
Expenses in 2024
$727,576
Salaries & Benefits
48%
Other
22%
Fees to Service Providers
13%
Grants
8%
Offices, Occupancy & IT
4%
Depreciation
3%
Advertising & Promotion
1%
Interest
1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$438,205
$108,355
-75%
Government Grants
$76,905
$110,052
+43%
Fundraising Events
$0
$0
-
Program Services
$18,895
$172,518
+813%
Membership Dues
$0
$2,990
-
Investments
$0
$0
-
Other
$1,008
-$9,940
-1086%
Total Revenues
$535,013
$383,975
-28%
Expenses
2023
2024
Change
Grants
$88,050
$55,565
-37%
Benefits to Members
$0
$0
-
Salaries & Benefits
$422,289
$350,052
-17%
Fees to Service Providers
$54,998
$94,115
+71%
Advertising & Promotion
$7,636
$10,138
+33%
Offices, Occupancy & IT
$52,352
$32,197
-38%
Interest
$3,954
$9,798
+148%
Depreciation
$19,021
$19,253
+1%
Other
$67,409
$156,458
+132%
Total Expenses
$715,709
$727,576
+2%
Net income
2023
2024
Change
Net income
-$180,696
-$343,601
-90%
Functional Expenses
Summary
2023
2024
Change
Program
$567,705
$481,606
-15%
Admin
$118,578
$175,937
+48%
Fundraising
$29,426
$70,033
+138%
Total Expenses
$715,709
$727,576
+2%
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