Otis College Of Art And Design
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 45,518,087 | 44,284,617 | 1,233,470 | 11.8 | 45% |
| 2012 | 49,015,076 | 47,466,031 | 1,549,045 | 11.3 | 46% |
| 2013 | 50,605,077 | 50,375,847 | 229,230 | 10.9 | 42% |
| 2014 | 51,095,496 | 49,352,610 | 1,742,886 | 11.8 | 42% |
| 2015 | 58,088,006 | 52,730,417 | 5,357,589 | 12.0 | 40% |
| 2016 | 61,741,166 | 54,207,782 | 7,533,384 | 13.0 | 41% |
| 2017 | 54,579,641 | 54,808,923 | −229,282 | 13.1 | 42% |
| 2018 | 59,157,567 | 57,618,538 | 1,539,029 | 12.6 | 40% |
| 2019 | 62,871,092 | 62,467,421 | 403,671 | 12.0 | 40% |
| 2020 | 65,971,720 | 67,186,328 | −1,214,608 | 10.7 | 38% |
| 2021 | 67,916,467 | 67,197,894 | 718,573 | 11.9 | 37% |
| 2022 | 91,933,581 | 70,470,351 | 21,463,230 | 13.5 | 36% |
| 2023 | 77,352,814 | 85,985,184 | −8,632,370 | 10.2 | 34% |
In its most recent public year (2023), this organization spent $8,632,370 more than it brought in. Its reserves stood at about 10.2 months of spending, down from 11.8 in 2011. Staff pay was 34% of spending. $37,711,486 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
Otis College Of Art And Design'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