American Folk Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,545,575 | 11,291,125 | −3,745,550 | -4.6 | 20% |
| 2012 | 16,423,777 | 3,839,980 | 12,583,797 | 25.8 | 32% |
| 2013 | 4,067,228 | 3,061,936 | 1,005,292 | 36.4 | 40% |
| 2014 | 3,226,565 | 4,111,914 | −885,349 | 26.9 | 36% |
| 2015 | 4,759,662 | 4,445,713 | 313,949 | 25.6 | 31% |
| 2016 | 5,420,457 | 3,884,833 | 1,535,624 | 32.3 | 38% |
| 2017 | 3,417,353 | 4,220,031 | −802,678 | 29.3 | 39% |
| 2018 | 3,344,418 | 4,206,590 | −862,172 | 29.2 | 42% |
| 2019 | 3,621,755 | 4,121,826 | −500,071 | 29.1 | 44% |
| 2020 | 3,481,365 | 3,661,559 | −180,194 | 32.2 | 51% |
| 2021 | 3,818,559 | 3,973,404 | −154,845 | 35.3 | 47% |
| 2022 | 5,728,873 | 4,521,552 | 1,207,321 | 30.2 | 45% |
| 2023 | 9,565,100 | 5,366,290 | 4,198,810 | 37.0 | 42% |
In its most recent public year (2023), this organization brought in $4,198,810 more than it spent. Its reserves stood at about 37 months of spending, up from -4.6 in 2011. Staff pay was 42% of spending. $15,499,808 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
American Folk Art Museum's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works