Gray Area Foundation For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 438,761 | 327,905 | 110,856 | 5.0 | 39% |
| 2012 | 537,106 | 508,299 | 28,807 | 3.2 | 37% |
| 2013 | 310,362 | 365,728 | −55,366 | 2.6 | 27% |
| 2014 | 496,102 | 357,929 | 138,173 | 7.3 | 31% |
| 2015 | 880,246 | 893,724 | −13,478 | 2.8 | 26% |
| 2016 | 1,159,789 | 1,167,014 | −7,225 | 2.1 | 28% |
| 2017 | 3,147,157 | 3,134,001 | 13,156 | 0.8 | 13% |
| 2018 | 1,449,564 | 1,590,279 | −140,715 | 0.6 | 16% |
| 2019 | 1,444,016 | 1,536,981 | −92,965 | -0.1 | 24% |
| 2020 | 1,319,367 | 1,611,032 | −291,665 | -2.3 | 28% |
| 2021 | 4,455,887 | 3,748,624 | 707,263 | 1.3 | 29% |
| 2022 | 4,270,601 | 4,315,724 | −45,123 | 1.0 | 36% |
| 2023 | 6,693,873 | 6,995,262 | −301,389 | 0.1 | 25% |
In its most recent public year (2023), this organization spent $301,389 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 5 in 2011. Staff pay was 25% of spending. $436,462 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
Gray Area Foundation For The Arts'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