Vermont College Of Fine Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 8,502,326 | 8,230,304 | 272,022 | 5.7 | 57% |
| 2013 | 9,387,557 | 8,770,884 | 616,673 | 6.2 | 54% |
| 2014 | 9,761,270 | 9,394,327 | 366,943 | 6.3 | 56% |
| 2015 | 10,212,274 | 9,795,664 | 416,610 | 6.5 | 56% |
| 2016 | 10,864,077 | 10,884,897 | −20,820 | 5.8 | 44% |
| 2017 | 11,742,863 | 12,115,888 | −373,025 | 4.5 | 44% |
| 2018 | 10,954,138 | 11,343,202 | −389,064 | 4.4 | 46% |
| 2019 | 10,008,365 | 11,369,576 | −1,361,211 | 2.9 | 50% |
| 2020 | 9,860,501 | 10,091,269 | −230,768 | 3.0 | 53% |
| 2021 | 10,446,339 | 10,471,201 | −24,862 | 2.9 | 52% |
| 2022 | 9,896,722 | 9,721,314 | 175,408 | 3.3 | 55% |
| 2023 | 20,675,668 | 15,722,964 | 4,952,704 | 5.8 | 29% |
In its most recent public year (2023), this organization brought in $4,952,704 more than it spent. Its reserves stood at about 5.8 months of spending. Staff pay was 29% of spending. $1,457,112 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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