MONMOUTH COUNTY ARTS COUNCIL INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$856,398
Government Grants
65%
Contributions
17%
Program Services
10%
Fundraising Events
7%
Investments
2%
Other
<1%
Membership Dues
0%
Expenses in 2024
$820,720
Salaries & Benefits
60%
Other
15%
Grants
15%
Offices, Occupancy & IT
6%
Depreciation
2%
Fees to Service Providers
1%
Interest
<1%
Advertising & Promotion
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$179,626
$141,551
-21%
Government Grants
$555,892
$555,892
+0%
Fundraising Events
$51,889
$56,305
+9%
Program Services
$66,456
$86,907
+31%
Membership Dues
$0
$0
-
Investments
$15,145
$15,633
+3%
Other
$833
$110
-87%
Total Revenues
$869,841
$856,398
-2%
Expenses
2023
2024
Change
Grants
$138,400
$125,000
-10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$509,259
$489,562
-4%
Fees to Service Providers
$10,712
$11,663
+9%
Advertising & Promotion
$0
$425
-
Offices, Occupancy & IT
$81,763
$49,412
-40%
Interest
$6,129
$1,937
-68%
Depreciation
$17,924
$17,121
-4%
Other
$90,023
$125,600
+40%
Total Expenses
$854,210
$820,720
-4%
Net income
2023
2024
Change
Net income
+$15,631
+$35,678
+128%
Functional Expenses
Summary
2023
2024
Change
Program
$596,493
$583,767
-2%
Admin
$142,106
$126,841
-11%
Fundraising
$115,611
$110,112
-5%
Total Expenses
$854,210
$820,720
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)