New York Foundation For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,665,982 | 10,553,673 | 112,309 | 5.0 | 19% |
| 2021 | 10,995,267 | 9,680,430 | 1,314,837 | 7.4 | 17% |
| 2022 | 30,608,340 | 28,190,863 | 2,417,477 | 3.5 | 7% |
| 2023 | 15,086,974 | 15,580,055 | −493,081 | 6.0 | 15% |
In its most recent public year (2023), this organization spent $493,081 more than it brought in. Its reserves stood at about 6 months of spending. Staff pay was 15% of spending. $5,151,651 of its net assets are donor-restricted.
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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