Borrego Art Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 413,037 | 92,368 | 320,669 | 49.9 | 0% |
| 2013 | 471,348 | 124,924 | 346,424 | 70.2 | 0% |
| 2014 | 183,042 | 190,260 | −7,218 | 45.6 | 0% |
| 2015 | 370,613 | 186,703 | 183,910 | 58.3 | 0% |
| 2016 | 1,022,969 | 473,107 | 549,862 | 38.4 | 15% |
| 2017 | 975,295 | 948,001 | 27,294 | 19.5 | 44% |
| 2018 | 900,155 | 934,979 | −34,824 | 19.3 | 42% |
| 2019 | 1,034,094 | 713,197 | 320,897 | 30.7 | 13% |
| 2020 | 377,437 | 587,905 | −210,468 | 33.0 | 17% |
| 2021 | 574,523 | 436,234 | 138,289 | 48.2 | 24% |
| 2022 | 673,019 | 485,457 | 187,562 | 48.0 | 26% |
| 2023 | 536,933 | 690,465 | −153,532 | 31.1 | 28% |
In its most recent public year (2023), this organization spent $153,532 more than it brought in. Its reserves stood at about 31.1 months of spending, down from 49.9 in 2012. Staff pay was 28% of spending.
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
Borrego Art Institute'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