WILLIAM BONIFAS FINE ARTS CENTER

Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$470,028
Contributions
46%
Other
17%
Program Services
14%
Investments
10%
Government Grants
10%
Fundraising Events
2%
Membership Dues
0%
Expenses in 2024
$388,406
Salaries & Benefits
46%
Other
21%
Offices, Occupancy & IT
16%
Advertising & Promotion
8%
Depreciation
5%
Fees to Service Providers
3%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$101,024
$217,317
+115%
Government Grants
$29,965
$47,703
+59%
Fundraising Events
$20,131
$11,500
-43%
Program Services
$65,149
$66,238
+2%
Membership Dues
$0
$0
-
Investments
$41,817
$48,020
+15%
Other
$38,732
$79,250
+105%
Total Revenues
$296,818
$470,028
+58%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$208,611
$180,586
-13%
Fees to Service Providers
$6,900
$13,305
+93%
Advertising & Promotion
$25,922
$31,331
+21%
Offices, Occupancy & IT
$47,024
$63,189
+34%
Interest
$0
$0
-
Depreciation
$21,211
$20,063
-5%
Other
$56,873
$79,932
+41%
Total Expenses
$366,541
$388,406
+6%
Net income
2023
2024
Change
Net income
-$69,723
+$81,622
-217%
Functional Expenses
Summary
2023
2024
Change
Program
$250,774
$307,428
+23%
Admin
$83,268
$55,999
-33%
Fundraising
$32,499
$24,979
-23%
Total Expenses
$366,541
$388,406
+6%
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