Artsquest Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,807,497 | 1,209,133 | 7,598,364 | 213.7 | 17% |
| 2012 | 2,123,839 | 752,885 | 1,370,954 | 363.7 | 20% |
| 2013 | 1,173,789 | 503,786 | 670,003 | 562.2 | 34% |
| 2014 | 871,357 | 496,291 | 375,066 | 578.9 | 34% |
| 2015 | 689,165 | 559,335 | 129,830 | 515.9 | 46% |
| 2016 | 768,008 | 20,754,634 | −19,986,626 | 2.3 | 1% |
| 2017 | 3,161,281 | 463,033 | 2,698,248 | 176.5 | 55% |
| 2018 | 506,588 | 222,368 | 284,220 | 373.6 | 66% |
| 2019 | 3,163,447 | 210,034 | 2,953,413 | 584.9 | 55% |
| 2020 | 730,307 | 165,892 | 564,415 | 775.3 | 47% |
| 2021 | 328,571 | 356,493 | −27,922 | 354.0 | 37% |
| 2022 | 79,021 | 210,531 | −131,510 | 545.3 | 54% |
| 2023 | 292,257 | 5,836,797 | −5,544,540 | 9.0 | 3% |
In its most recent public year (2023), this organization spent $5,544,540 more than it brought in. Its reserves stood at about 9 months of spending, down from 213.7 in 2011. Staff pay was 3% of spending. $1,435,665 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
Artsquest Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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