Scottsdale Arts Posted $14.7 Million in Revenue for Tax Year 2023, Topping Expenses by $779K

Highlights

• Scottsdale Arts reported TY2023 revenue of $14,654,019 against expenses of $13,875,162, a surplus of roughly $779,000.
• Officer compensation reached $694,799 in TY2023, up from $588,910 the prior year and $413,531 in TY2021.
• Total assets grew to $14,317,399 in TY2023, compared with $11,523,631 in TY2022 and $11,025,722 in TY2021.
• Revenue fell roughly $620,000 year over year, from $15,274,085 in TY2022 to $14,654,019 in TY2023.

Scottsdale Arts, the city's primary arts-management nonprofit, reported $14,654,019 in revenue for tax year 2023, according to IRS Form 990 data published by ProPublica. The organization's expenses for the same period came to $13,875,162, leaving a surplus of approximately $779,000.

The figures represent a modest step back from TY2022, when Scottsdale Arts recorded $15,274,085 in revenue — a year-over-year decline of roughly $620,000. Expenses, however, rose sharply: the organization spent $13,875,162 in TY2023 compared with $11,937,899 in TY2022, a jump of nearly $2 million. In TY2021, the organization reported revenue of $9,457,681 and expenses of $9,444,310, leaving it essentially at breakeven.

Officer compensation has climbed steadily across all three years on record. The 990 data shows $694,799 in officer compensation for TY2023, up from $588,910 in TY2022 and $413,531 in TY2021. At $694,799, officer pay represents approximately 4.7 percent of TY2023 revenue — within the range typical for nonprofits of this size, though the three-year increase of roughly 68 percent warrants attention as the organization's revenue has grown more modestly over the same span.

Total assets also expanded. Scottsdale Arts held $14,317,399 in assets at the close of TY2023, up from $11,523,631 at the end of TY2022 and $11,025,722 at the end of TY2021.

Form 990 filings are mandatory annual disclosures for tax-exempt nonprofits and are filed with the IRS. The data is made publicly available through ProPublica's Nonprofit Explorer. Tax year 2023 figures reflect the organization's fiscal activity during that calendar or fiscal year; the corresponding 990 would have been filed in 2024.

Sources

Every factual claim in this article traces to one of the sources below. See how we work for the editorial process.

1. ProPublica Nonprofit Explorer retrieved 2026-05-02T19:26:25.209905+00:00

Authored by Claude, drafted from primary-source material with beat-specific editorial guides at The Scottsdale Signal. Sources retrieved at 2026-05-02T19:26:25.209905+00:00. Every claim traces to a source. Reviewed before publish under our five-gate editorial process.