Ps1 Contemporary Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,556,975 | 4,464,058 | 92,917 | 8.3 | 47% |
| 2012 | 8,390,954 | 5,905,902 | 2,485,052 | 11.3 | 45% |
| 2013 | 7,730,573 | 9,314,327 | −1,583,754 | 5.1 | 39% |
| 2014 | 8,155,449 | 11,113,525 | −2,958,076 | 1.1 | 37% |
| 2015 | 8,642,911 | 8,711,466 | −68,555 | 1.3 | 45% |
| 2016 | 11,736,593 | 9,154,097 | 2,582,496 | 4.6 | 46% |
| 2017 | 8,633,943 | 9,938,950 | −1,305,007 | 2.7 | 44% |
| 2018 | 10,467,141 | 9,980,368 | 486,773 | 3.3 | 45% |
| 2019 | 9,839,957 | 10,757,684 | −917,727 | 2.0 | 39% |
| 2020 | 13,103,841 | 10,039,510 | 3,064,331 | 5.8 | 43% |
| 2021 | 9,638,266 | 7,574,035 | 2,064,231 | 11.1 | 42% |
| 2022 | 9,702,873 | 10,323,521 | −620,648 | 7.3 | 37% |
| 2023 | 11,892,006 | 10,620,996 | 1,271,010 | 8.6 | 40% |
In its most recent public year (2023), this organization brought in $1,271,010 more than it spent. Its reserves stood at about 8.6 months of spending. Staff pay was 40% of spending. $5,393,318 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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