Burlington Fine Arts League
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,246 | 53,959 | −3,713 | 5.5 | — |
| 2012 | 37,707 | 37,489 | 218 | 8.0 | — |
| 2013 | 53,790 | 43,009 | 10,781 | 10.0 | — |
| 2014 | 41,231 | 49,363 | −8,132 | 6.7 | — |
| 2015 | 46,380 | 43,394 | 2,986 | 8.5 | — |
| 2016 | 50,714 | 49,740 | 974 | 7.6 | — |
| 2017 | 62,034 | 54,085 | 7,949 | 8.8 | — |
| 2018 | 61,125 | 64,346 | −3,221 | 6.8 | — |
| 2019 | 47,258 | 56,674 | −9,416 | 5.7 | — |
| 2020 | 42,184 | 37,747 | 4,437 | 10.0 | — |
In its most recent public year (2020), this organization brought in $4,437 more than it spent. Its reserves stood at about 10 months of spending, up from 5.5 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 2020. 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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