Abington Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 732,536 | 732,515 | 21 | 25.8 | 43% |
| 2013 | 612,443 | 759,655 | −147,212 | 22.6 | 41% |
| 2014 | 532,603 | 692,754 | −160,151 | 22.0 | 44% |
| 2015 | 675,684 | 672,015 | 3,669 | 22.7 | 9% |
| 2016 | 514,736 | 572,947 | −58,211 | 26.1 | 27% |
| 2017 | 648,509 | 634,286 | 14,223 | 24.3 | 37% |
| 2018 | 421,645 | 507,062 | −85,417 | 28.4 | 32% |
| 2019 | 433,214 | 426,929 | 6,285 | 33.9 | 27% |
| 2020 | 380,655 | 420,122 | −39,467 | 33.4 | 34% |
| 2021 | 189,202 | 337,146 | −147,944 | 36.3 | 45% |
| 2022 | 582,841 | 578,588 | 4,253 | 21.3 | 41% |
| 2023 | 391,040 | 450,230 | −59,190 | 21.9 | 40% |
In its most recent public year (2023), this organization spent $59,190 more than it brought in. Its reserves stood at about 21.9 months of spending, down from 25.8 in 2012. Staff pay was 40% 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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