Storm King Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,633,062 | 5,852,455 | −219,393 | 76.0 | 28% |
| 2012 | 5,301,362 | 5,340,712 | −39,350 | 84.5 | 34% |
| 2013 | 6,253,724 | 5,546,281 | 707,443 | 89.2 | 32% |
| 2014 | 5,013,956 | 6,010,532 | −996,576 | 81.2 | 37% |
| 2015 | 14,196,666 | 6,809,111 | 7,387,555 | 69.9 | 38% |
| 2016 | 7,113,602 | 7,024,842 | 88,760 | 69.6 | 41% |
| 2017 | 8,871,008 | 8,396,023 | 474,985 | 65.4 | 38% |
| 2018 | 23,164,170 | 9,414,785 | 13,749,385 | 71.9 | 40% |
| 2019 | 11,745,809 | 8,461,531 | 3,284,278 | 92.9 | 43% |
| 2020 | 10,244,523 | 7,825,488 | 2,419,035 | 111.8 | 42% |
| 2021 | 14,230,209 | 9,258,537 | 4,971,672 | 103.5 | 46% |
| 2022 | 13,883,979 | 9,992,331 | 3,891,648 | 87.6 | 47% |
| 2023 | 8,437,388 | 9,762,504 | −1,325,116 | 93.9 | 48% |
In its most recent public year (2023), this organization spent $1,325,116 more than it brought in. Its reserves stood at about 93.9 months of spending, up from 76 in 2011. Staff pay was 48% of spending. $33,784,479 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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