Metropolitan Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 637,835 | 790,723 | −152,888 | 51.5 | 26% |
| 2013 | 710,693 | 837,016 | −126,323 | 46.7 | 24% |
| 2014 | 846,521 | 957,986 | −111,465 | 40.7 | 24% |
| 2015 | 1,502,057 | 1,145,618 | 356,439 | 37.7 | 22% |
| 2016 | 1,032,871 | 1,063,429 | −30,558 | 40.3 | 23% |
| 2017 | 1,114,477 | 1,023,751 | 90,726 | 42.9 | 18% |
| 2018 | 1,092,349 | 1,099,557 | −7,208 | 40.3 | 18% |
| 2019 | 1,165,732 | 1,199,565 | −33,833 | 37.2 | 19% |
| 2020 | 879,349 | 1,012,139 | −132,790 | 43.1 | 27% |
| 2021 | 729,217 | 863,499 | −134,282 | 51.2 | 32% |
| 2022 | 1,705,369 | 1,095,847 | 609,522 | 44.2 | 26% |
| 2023 | 824,304 | 1,189,098 | −364,794 | 38.2 | 34% |
In its most recent public year (2023), this organization spent $364,794 more than it brought in. Its reserves stood at about 38.2 months of spending, down from 51.5 in 2012. Staff pay was 34% 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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