Foundation For Contemporary Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,501,767 | 1,211,411 | 2,290,356 | 135.2 | 24% |
| 2012 | 2,134,093 | 1,225,361 | 908,732 | 153.4 | 23% |
| 2013 | 3,990,772 | 1,777,086 | 2,213,686 | 126.0 | 24% |
| 2014 | 4,505,997 | 1,593,728 | 2,912,269 | 162.6 | 22% |
| 2015 | 2,354,051 | 1,572,189 | 781,862 | 171.2 | 27% |
| 2016 | 2,923,535 | 1,687,444 | 1,236,091 | 172.4 | 23% |
| 2017 | 3,872,177 | 1,919,759 | 1,952,418 | 187.6 | 24% |
| 2018 | 3,391,809 | 1,889,742 | 1,502,067 | 189.6 | 24% |
| 2019 | 3,626,867 | 2,113,019 | 1,513,848 | 198.1 | 25% |
| 2020 | 5,398,750 | 4,845,429 | 553,321 | 100.0 | 13% |
| 2021 | 7,582,108 | 5,403,452 | 2,178,656 | 95.6 | 13% |
| 2022 | 8,053,660 | 2,791,665 | 5,261,995 | 174.9 | 28% |
| 2023 | 6,433,716 | 3,263,683 | 3,170,033 | 181.1 | 27% |
In its most recent public year (2023), this organization brought in $3,170,033 more than it spent. Its reserves stood at about 181.1 months of spending, up from 135.2 in 2011. Staff pay was 27% of spending. $10,822,935 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works