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Exploring The Arts Inc

Astoria, NY / EIN 13-4069251 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20111,127,4351,053,97373,46236.821%
20122,652,1942,200,187452,00720.213%
20131,981,0771,954,69726,38022.718%
20141,868,7961,945,702−76,90622.623%
20151,937,3502,098,800−161,45019.622%
20163,370,6731,967,7241,402,94929.825%
20171,687,4022,017,353−329,95126.828%
20183,075,7711,944,4931,131,27834.232%
20191,636,8692,121,817−484,94829.333%
20201,572,4562,026,740−454,28428.839%
20211,088,3061,932,099−843,79324.447%
20222,384,5082,144,654239,85421.042%
20231,009,6752,142,251−1,132,57614.542%

In its most recent public year (2023), this organization spent $1,132,576 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 36.8 in 2011. Staff pay was 42% of spending. $765,935 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

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