Tate Americas Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,516,026 | 859,953 | 2,656,073 | 847.5 | 37% |
| 2012 | 3,998,641 | 1,526,024 | 2,472,617 | 497.0 | 22% |
| 2013 | 12,554,780 | 4,636,926 | 7,917,854 | 184.1 | 7% |
| 2014 | 19,944,319 | 28,073,694 | −8,129,375 | 26.9 | 1% |
| 2015 | 19,090,528 | 18,789,306 | 301,222 | 40.4 | 2% |
| 2016 | 21,036,406 | 16,807,038 | 4,229,368 | 48.2 | 2% |
| 2017 | 16,929,216 | 17,367,426 | −438,210 | 46.4 | 2% |
| 2018 | 14,982,943 | 11,123,930 | 3,859,013 | 89.3 | 5% |
| 2019 | 9,329,554 | 8,366,384 | 963,170 | 120.6 | 6% |
| 2020 | 15,222,470 | 11,166,736 | 4,055,734 | 92.5 | 5% |
| 2021 | 22,459,640 | 13,793,421 | 8,666,219 | 87.4 | 4% |
| 2022 | 8,735,378 | 7,740,698 | 994,680 | 157.3 | 8% |
| 2023 | 13,041,310 | 9,982,100 | 3,059,210 | 124.4 | 7% |
| 2024 | 17,549,380 | 3,602,007 | 13,947,373 | 397.3 | 18% |
In its most recent public year (2024), this organization brought in $13,947,373 more than it spent. Its reserves stood at about 397.3 months of spending, down from 847.5 in 2011. Staff pay was 18% of spending. $30,224,833 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 2024. 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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