Miami Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 4,026,622 | 4,039,339 | −12,717 | 0.3 | 52% |
| 2013 | 4,086,042 | 4,142,521 | −56,479 | 0.1 | 53% |
| 2014 | 4,416,990 | 4,322,896 | 94,094 | 0.5 | 58% |
| 2015 | 7,680,482 | 10,151,104 | −2,470,622 | -2.7 | 38% |
| 2016 | 9,696,975 | 10,153,373 | −456,398 | -3.3 | 47% |
| 2017 | 11,497,156 | 11,076,762 | 420,394 | -2.5 | 47% |
| 2018 | 12,508,927 | 12,173,864 | 335,063 | -2.0 | 48% |
| 2019 | 11,868,541 | 12,051,555 | −183,014 | -2.2 | 3% |
| 2020 | 8,479,242 | 8,251,991 | 227,251 | -2.8 | 50% |
| 2021 | 9,981,355 | 8,666,548 | 1,314,807 | -0.9 | 2% |
| 2022 | 9,936,852 | 9,406,442 | 530,410 | -0.1 | 47% |
| 2023 | 11,098,969 | 10,637,766 | 461,203 | 0.4 | 4% |
In its most recent public year (2023), this organization brought in $461,203 more than it spent. Its reserves stood at about 0.4 months of spending. Staff pay was 4% 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
Miami Arts Inc'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