
ARTS FOR THE AGING INC
ARTS FOR THE AGING INC

ARTS FOR THE AGING INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$743,448
Contributions
60%
Government Grants
23%
Other
10%
Program Services
4%
Investments
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$716,731
Salaries & Benefits
65%
Fees to Service Providers
23%
Other
9%
Offices, Occupancy & IT
1%
Interest
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$269,071
$444,727
+65%
Government Grants
$163,594
$173,305
+6%
Fundraising Events
$0
$0
-
Program Services
$130,270
$29,310
-78%
Membership Dues
$0
$0
-
Investments
$23,306
$22,406
-4%
Other
$10,190
$73,700
+623%
Total Revenues
$596,431
$743,448
+25%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$416,751
$466,740
+12%
Fees to Service Providers
$218,899
$167,230
-24%
Advertising & Promotion
$3,870
$4,069
+5%
Offices, Occupancy & IT
$39,016
$7,356
-81%
Interest
$4,294
$4,126
-4%
Depreciation
$0
$0
-
Other
$66,796
$67,210
+1%
Total Expenses
$749,626
$716,731
-4%
Net income
2023
2024
Change
Net income
-$153,195
+$26,717
-117%
Functional Expenses
Summary
2023
2024
Change
Program
$574,710
$541,355
-6%
Admin
$83,978
$85,402
+2%
Fundraising
$90,938
$89,974
-1%
Total Expenses
$749,626
$716,731
-4%
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