Masterworks Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 54,376 | 47,695 | 6,681 | 5.4 | — |
| 2020 | 81,634 | 57,324 | 24,310 | 9.6 | — |
| 2021 | 52,808 | 62,080 | −9,272 | 7.0 | — |
| 2022 | 69,630 | 70,856 | −1,226 | 6.0 | — |
| 2023 | 28,558 | 36,742 | −8,184 | 8.8 | — |
In its most recent public year (2023), this organization spent $8,184 more than it brought in. Its reserves stood at about 8.8 months of spending, up from 5.4 in 2019.
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
Masterworks Inc'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