Maine Project For Fine Art Conservation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 64,317 | 51,715 | 12,602 | 2.7 | — |
| 2021 | 125,292 | 132,888 | −7,596 | 0.4 | — |
| 2022 | 129,749 | 123,435 | 6,314 | 0.8 | — |
| 2023 | 115,437 | 114,781 | 656 | 0.5 | — |
In its most recent public year (2023), this organization brought in $656 more than it spent. Its reserves stood at about 0.5 months of spending, down from 2.7 in 2020.
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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