Morton Fine Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 37,628 | 49,698 | −12,070 | 5.5 | — |
| 2013 | 40,729 | 50,244 | −9,515 | 3.2 | — |
| 2014 | 54,787 | 52,864 | 1,923 | 3.4 | — |
| 2015 | 45,066 | 55,398 | −10,332 | 1.0 | — |
| 2016 | 40,571 | 33,841 | 6,730 | 4.1 | — |
| 2017 | 51,988 | 43,931 | 8,057 | 5.4 | — |
| 2018 | 73,832 | 68,586 | 5,246 | 4.6 | — |
| 2019 | 84,271 | 62,432 | 21,839 | 9.3 | — |
| 2020 | 62,250 | 47,327 | 14,923 | 16.0 | — |
| 2021 | 13,016 | 11,048 | 1,968 | 70.8 | — |
| 2023 | 72,967 | 69,808 | 3,159 | 11.8 | — |
| 2024 | 73,273 | 51,524 | 21,749 | 21.0 | — |
In its most recent public year (2024), this organization brought in $21,749 more than it spent. Its reserves stood at about 21 months of spending, up from 5.5 in 2012.
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 2024. 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
Morton Fine Arts Association's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works