Redux Contemporary Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 371,216 | 364,605 | 6,611 | -0.8 | 15% |
| 2021 | 634,292 | 563,660 | 70,632 | 0.9 | 16% |
| 2022 | 648,555 | 612,030 | 36,525 | 1.5 | 19% |
| 2023 | 711,175 | 649,116 | 62,059 | 2.1 | 18% |
In its most recent public year (2023), this organization brought in $62,059 more than it spent. Its reserves stood at about 2.1 months of spending, up from -0.8 in 2020. Staff pay was 18% 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
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