Turrell Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,348 | 2,524 | 6,824 | 8003.7 | 0% |
| 2012 | 63,659 | 9,414 | 54,245 | 2240.5 | 0% |
| 2013 | 19,677 | 11,809 | 7,868 | 1794.1 | 0% |
| 2014 | 235,897 | 19,324 | 216,573 | 1230.9 | 0% |
| 2015 | 25,599 | 60,894 | −35,295 | 383.7 | 0% |
| 2016 | 1,078,340 | 94,118 | 984,222 | 373.7 | 0% |
| 2017 | 175,823 | 668,688 | −492,865 | 43.8 | 0% |
| 2018 | 1,477,637 | 162,140 | 1,315,497 | 277.8 | 0% |
| 2019 | 28,633,221 | 247,800 | 28,385,421 | 1556.4 | 2% |
| 2020 | 26,097,015 | 486,569 | 25,610,446 | 1431.4 | 27% |
| 2021 | 27,051,414 | 626,135 | 26,425,279 | 1618.8 | 24% |
| 2022 | 25,109,697 | 1,049,899 | 24,059,798 | 1240.4 | 10% |
| 2023 | 11,410,565 | 1,048,616 | 10,361,949 | 1360.5 | 11% |
In its most recent public year (2023), this organization brought in $10,361,949 more than it spent. Its reserves stood at about 1360.5 months of spending, down from 8003.7 in 2011. Staff pay was 11% of spending.
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
Turrell Art Foundation's IRS filings as a feed — one entry per filing year, through 2023. 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