Markeim Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 115,347 | 111,817 | 3,530 | 0.7 | — |
| 2012 | 101,022 | 99,648 | 1,374 | 1.8 | — |
| 2013 | 97,007 | 82,513 | 14,494 | 4.3 | — |
| 2014 | 154,914 | 152,400 | 2,514 | 2.5 | — |
| 2015 | 261,054 | 260,268 | 786 | 1.5 | 28% |
| 2020 | 56,040 | 42,263 | 13,777 | 3.9 | — |
| 2021 | 89,346 | 94,261 | −4,915 | 7.2 | — |
| 2022 | 138,843 | 172,163 | −33,320 | 1.6 | — |
| 2023 | 173,742 | 157,053 | 16,689 | 3.0 | — |
In its most recent public year (2023), this organization brought in $16,689 more than it spent. Its reserves stood at about 3 months of spending, up from 0.7 in 2011.
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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