Artis Contemporary Israeli Art Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 583,572 | 474,963 | 108,609 | 2.8 | 25% |
| 2011 | 1,153,121 | 675,910 | 477,211 | 10.5 | 23% |
| 2012 | 496,964 | 716,011 | −219,047 | 6.2 | 24% |
| 2013 | 670,164 | 788,869 | −118,705 | 3.8 | 24% |
| 2014 | 1,527,887 | 717,563 | 810,324 | 17.8 | 30% |
| 2015 | 1,135,167 | 986,509 | 148,658 | 14.7 | 21% |
| 2016 | 515,802 | 840,499 | −324,697 | 12.7 | 23% |
| 2017 | 666,375 | 741,053 | −74,678 | 13.1 | 30% |
| 2018 | 447,509 | 649,641 | −202,132 | 11.3 | 29% |
| 2019 | 1,240,574 | 688,208 | 552,366 | 20.3 | 33% |
| 2020 | 1,167,687 | 863,402 | 304,285 | 20.4 | 28% |
| 2021 | 1,397,882 | 878,017 | 519,865 | 27.1 | 28% |
| 2022 | 992,049 | 1,117,379 | −125,330 | 19.4 | 26% |
| 2023 | 1,210,004 | 1,092,568 | 117,436 | 21.1 | 27% |
In its most recent public year (2023), this organization brought in $117,436 more than it spent. Its reserves stood at about 21.1 months of spending, up from 2.8 in 2010. Staff pay was 27% of spending. $587,087 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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