Greater Des Moines Public Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 256,368 | 214,476 | 41,892 | 35.6 | 0% |
| 2013 | 799,253 | 599,532 | 199,721 | 16.7 | 0% |
| 2014 | 297,470 | 187,152 | 110,318 | 60.7 | 0% |
| 2015 | 267,813 | 177,362 | 90,451 | 70.2 | 0% |
| 2016 | 554,634 | 243,957 | 310,677 | 66.3 | 0% |
| 2017 | 436,928 | 392,776 | 44,152 | 42.5 | 0% |
| 2018 | 815,786 | 1,598,909 | −783,123 | 4.6 | 0% |
| 2019 | 331,041 | 385,024 | −53,983 | 17.3 | 0% |
| 2020 | 395,106 | 308,909 | 86,197 | 24.9 | 0% |
| 2021 | 1,209,813 | 1,281,729 | −71,916 | 5.3 | 0% |
| 2022 | 217,021 | 320,055 | −103,034 | 17.5 | 0% |
| 2023 | 481,561 | 142,653 | 338,908 | 71.3 | 29% |
In its most recent public year (2023), this organization brought in $338,908 more than it spent. Its reserves stood at about 71.3 months of spending, up from 35.6 in 2012. Staff pay was 29% of spending. $338,505 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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