Center For Maine Contemporary Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 361,713 | 321,665 | 40,048 | 11.5 | 21% |
| 2011 | 13,038 | 58,442 | −45,404 | 53.7 | 40% |
| 2012 | 323,384 | 319,603 | 3,781 | 10.0 | 33% |
| 2013 | 360,414 | 348,035 | 12,379 | 9.6 | 35% |
| 2014 | 1,749,587 | 329,387 | 1,420,200 | 62.0 | 37% |
| 2015 | 1,065,260 | 365,750 | 699,510 | 77.7 | 43% |
| 2016 | 2,142,577 | 435,688 | 1,706,889 | 112.2 | 39% |
| 2017 | 820,306 | 578,017 | 242,289 | 89.6 | 38% |
| 2018 | 870,946 | 687,396 | 183,550 | 80.7 | 38% |
| 2019 | 918,250 | 796,759 | 121,491 | 69.6 | 33% |
| 2020 | 1,111,647 | 849,379 | 262,268 | 67.4 | 35% |
| 2021 | 754,373 | 675,598 | 78,775 | 85.6 | 39% |
| 2022 | 852,628 | 769,338 | 83,290 | 76.4 | 37% |
| 2023 | 838,299 | 972,353 | −134,054 | 58.8 | 41% |
In its most recent public year (2023), this organization spent $134,054 more than it brought in. Its reserves stood at about 58.8 months of spending, up from 11.5 in 2010. Staff pay was 41% of spending. $81,782 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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