Museum Of Contemporary Art Detroit
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,298,319 | 938,846 | 359,473 | 14.0 | 45% |
| 2012 | 1,411,044 | 1,099,097 | 311,947 | 15.4 | 41% |
| 2013 | 1,381,088 | 1,322,768 | 58,320 | 13.3 | 41% |
| 2014 | 1,372,679 | 1,445,092 | −72,413 | 11.6 | 44% |
| 2015 | 1,409,948 | 1,433,392 | −23,444 | 11.5 | 48% |
| 2016 | 1,750,741 | 1,612,651 | 138,090 | 11.2 | 43% |
| 2017 | 1,719,806 | 1,819,758 | −99,952 | 9.3 | 47% |
| 2018 | 2,030,426 | 1,819,387 | 211,039 | 10.7 | 51% |
| 2019 | 4,843,759 | 2,139,574 | 2,704,185 | 24.3 | 45% |
| 2020 | 1,605,945 | 1,503,507 | 102,438 | 35.3 | 53% |
| 2021 | 1,624,950 | 1,799,504 | −174,554 | 28.4 | 52% |
| 2022 | 1,330,681 | 1,925,523 | −594,842 | 22.8 | 49% |
| 2023 | 1,344,769 | 1,976,089 | −631,320 | 18.4 | 59% |
In its most recent public year (2023), this organization spent $631,320 more than it brought in. Its reserves stood at about 18.4 months of spending, up from 14 in 2011. Staff pay was 59% of spending. $2,479,777 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
Museum Of Contemporary Art Detroit'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