Artspace Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 377,406 | 337,938 | 39,468 | 6.3 | 26% |
| 2012 | 499,878 | 361,211 | 138,667 | 10.5 | 38% |
| 2013 | 402,569 | 440,979 | −38,410 | 7.6 | 37% |
| 2014 | 528,114 | 444,367 | 83,747 | 9.8 | 37% |
| 2015 | 504,524 | 451,907 | 52,617 | 11.0 | 33% |
| 2016 | 572,961 | 517,295 | 55,666 | 10.9 | 34% |
| 2017 | 528,731 | 557,257 | −28,526 | 9.6 | 37% |
| 2018 | 646,751 | 522,081 | 124,670 | 13.3 | 39% |
| 2019 | 527,854 | 566,377 | −38,523 | 11.5 | 34% |
| 2020 | 455,897 | 537,215 | −81,318 | 10.3 | 36% |
| 2021 | 506,064 | 507,508 | −1,444 | 11.4 | 38% |
| 2022 | 706,520 | 893,311 | −186,791 | 3.2 | 37% |
In its most recent public year (2022), this organization spent $186,791 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 6.3 in 2011. Staff pay was 37% 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 2022. 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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