Morris County Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 53,914 | 53,967 | −53 | 9.3 | — |
| 2013 | 59,858 | 63,171 | −3,313 | 7.3 | — |
| 2014 | 48,880 | 57,103 | −8,223 | 6.4 | — |
| 2015 | 48,393 | 52,143 | −3,750 | 6.1 | — |
| 2016 | 45,639 | 45,176 | 463 | 7.2 | — |
| 2017 | 53,730 | 45,892 | 7,838 | 9.1 | — |
| 2018 | 52,435 | 54,197 | −1,762 | 7.3 | — |
| 2019 | 53,954 | 50,262 | 3,692 | 8.8 | — |
| 2020 | 57,104 | 59,353 | −2,249 | 7.0 | — |
| 2021 | 27,276 | 27,290 | −14 | 15.2 | — |
| 2022 | 53,593 | 49,724 | 3,869 | 9.3 | — |
| 2023 | 82,342 | 63,262 | 19,080 | 10.9 | — |
In its most recent public year (2023), this organization brought in $19,080 more than it spent. Its reserves stood at about 10.9 months of spending, up from 9.3 in 2012.
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
Morris County Art Association'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