Virginians For The Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 191,616 | 236,900 | −45,284 | 6.7 | — |
| 2013 | 147,285 | 141,137 | 6,148 | 11.8 | — |
| 2014 | 132,147 | 129,305 | 2,842 | 13.2 | — |
| 2015 | 105,097 | 131,173 | −26,076 | 10.6 | — |
| 2016 | 55,442 | 126,250 | −70,808 | 2.4 | — |
| 2017 | 64,179 | 72,298 | −8,119 | 2.8 | — |
| 2018 | 59,365 | 61,062 | −1,697 | 3.0 | — |
| 2019 | 59,675 | 61,030 | −1,355 | 2.7 | — |
| 2020 | 65,446 | 60,650 | 4,796 | 3.7 | — |
| 2021 | 47,491 | 37,605 | 9,886 | 9.1 | — |
| 2022 | 47,659 | 35,875 | 11,784 | 13.5 | — |
| 2023 | 51,302 | 50,890 | 412 | 9.6 | — |
| 2024 | 49,277 | 52,948 | −3,671 | 8.4 | — |
In its most recent public year (2024), this organization spent $3,671 more than it brought in. Its reserves stood at about 8.4 months of spending, up from 6.7 in 2012.
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
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