Burchfield-Penney Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,668,279 | 1,553,621 | 114,658 | 62.2 | 49% |
| 2012 | 3,244,586 | 1,516,506 | 1,728,080 | 76.5 | 52% |
| 2013 | 1,285,700 | 1,587,460 | −301,760 | 78.3 | 49% |
| 2014 | 2,025,673 | 1,908,468 | 117,205 | 75.4 | 45% |
| 2015 | 1,775,732 | 1,978,073 | −202,341 | 73.1 | 46% |
| 2016 | 1,972,151 | 1,958,989 | 13,162 | 72.2 | 44% |
| 2017 | 1,941,831 | 2,189,114 | −247,283 | 70.4 | 44% |
| 2018 | 1,863,916 | 2,019,846 | −155,930 | 80.4 | 48% |
| 2019 | 1,984,810 | 2,079,491 | −94,681 | 82.4 | 48% |
| 2021 | 2,294,685 | 1,831,034 | 463,651 | 123.6 | 57% |
| 2022 | 2,585,674 | 2,441,893 | 143,781 | 81.8 | 49% |
| 2023 | 2,649,430 | 2,725,207 | −75,777 | 78.7 | 49% |
| 2024 | 2,879,883 | 3,377,474 | −497,591 | 68.6 | 40% |
In its most recent public year (2024), this organization spent $497,591 more than it brought in. Its reserves stood at about 68.6 months of spending, up from 62.2 in 2011. Staff pay was 40% of spending. $14,394,497 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
Burchfield-Penney Art Center's IRS filings as a feed — one entry per filing year, through 2024. 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