Greater Norristown Art League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 87,297 | 92,899 | −5,602 | 23.4 | — |
| 2012 | 98,420 | 96,243 | 2,177 | 22.8 | — |
| 2013 | 98,702 | 108,416 | −9,714 | 19.2 | — |
| 2014 | 103,351 | 107,508 | −4,157 | 18.9 | — |
| 2015 | 94,932 | 98,764 | −3,832 | 20.1 | — |
| 2016 | 70,486 | 80,282 | −9,796 | 23.2 | — |
| 2017 | 90,568 | 98,899 | −8,331 | 17.9 | — |
| 2018 | 92,089 | 107,917 | −15,828 | 14.6 | — |
| 2019 | 52,817 | 53,549 | −732 | 29.3 | — |
| 2020 | 108,487 | 107,116 | 1,371 | 14.9 | — |
| 2021 | 65,959 | 58,564 | 7,395 | 28.7 | — |
| 2022 | 117,194 | 74,247 | 42,947 | 28.4 | — |
| 2023 | 95,659 | 102,866 | −7,207 | 19.6 | — |
In its most recent public year (2023), this organization spent $7,207 more than it brought in. Its reserves stood at about 19.6 months of spending, down from 23.4 in 2011.
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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