Skowhegan School Of Painting And Sculpture Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,815,969 | 1,816,296 | 999,673 | 99.8 | 37% |
| 2012 | 2,966,673 | 1,877,428 | 1,089,245 | 106.1 | 38% |
| 2013 | 2,245,863 | 1,980,122 | 265,741 | 113.5 | 40% |
| 2014 | 3,621,917 | 2,100,881 | 1,521,036 | 110.5 | 40% |
| 2015 | 2,503,199 | 2,278,306 | 224,893 | 98.8 | 40% |
| 2016 | 2,034,797 | 2,286,171 | −251,374 | 97.9 | 41% |
| 2017 | 3,998,034 | 2,397,514 | 1,600,520 | 108.5 | 41% |
| 2018 | 3,652,458 | 2,705,198 | 947,260 | 95.5 | 43% |
| 2019 | 6,837,098 | 3,057,869 | 3,779,229 | 100.6 | 41% |
| 2020 | 5,438,132 | 2,362,395 | 3,075,737 | 157.6 | 56% |
| 2021 | 5,437,614 | 2,841,782 | 2,595,832 | 154.4 | 48% |
| 2022 | 9,416,151 | 3,852,099 | 5,564,052 | 116.1 | 41% |
| 2023 | 2,214,790 | 4,130,268 | −1,915,478 | 117.4 | 39% |
In its most recent public year (2023), this organization spent $1,915,478 more than it brought in. Its reserves stood at about 117.4 months of spending, up from 99.8 in 2011. Staff pay was 39% of spending. $23,431,916 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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