Museum Of Art Of Ogunquit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 344,097 | 471,336 | −127,239 | 44.1 | 41% |
| 2012 | 659,986 | 480,159 | 179,827 | 49.4 | 37% |
| 2013 | 605,998 | 627,865 | −21,867 | 40.0 | 29% |
| 2014 | 676,572 | 622,979 | 53,593 | 42.3 | 38% |
| 2015 | 740,577 | 818,660 | −78,083 | 30.3 | 33% |
| 2016 | 811,565 | 810,253 | 1,312 | 31.9 | 35% |
| 2017 | 652,286 | 736,999 | −84,713 | 36.7 | 15% |
| 2018 | 965,394 | 990,747 | −25,353 | 25.5 | 0% |
| 2019 | 1,696,337 | 938,816 | 757,521 | 34.4 | 37% |
| 2020 | 747,578 | 908,740 | −161,162 | 33.9 | 41% |
| 2021 | 1,240,153 | 861,334 | 378,819 | 43.8 | 40% |
| 2022 | 1,435,593 | 1,028,491 | 407,102 | 37.7 | 44% |
| 2023 | 1,458,704 | 1,269,108 | 189,596 | 34.8 | 35% |
In its most recent public year (2023), this organization brought in $189,596 more than it spent. Its reserves stood at about 34.8 months of spending, down from 44.1 in 2011. Staff pay was 35% of spending. $1,268,577 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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