Romare Bearden Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 148,907 | 384,577 | −235,670 | 98.4 | 17% |
| 2011 | 433,879 | 425,206 | 8,673 | 90.0 | 32% |
| 2012 | 329,905 | 477,126 | −147,221 | 76.6 | 32% |
| 2013 | 186,269 | 634,837 | −448,568 | 48.3 | 28% |
| 2014 | 109,364 | 475,657 | −366,293 | 55.3 | 33% |
| 2015 | 110,240 | 243,685 | −133,445 | 100.9 | 57% |
| 2016 | 210,474 | 235,560 | −25,086 | 103.1 | 60% |
| 2017 | 432,684 | 213,202 | 219,482 | 126.0 | 55% |
| 2018 | 103,971 | 196,316 | −92,345 | 131.2 | 57% |
| 2019 | 118,880 | 180,866 | −61,986 | 138.3 | 54% |
| 2020 | 114,414 | 184,918 | −70,504 | 129.3 | 53% |
| 2021 | 240,778 | 259,926 | −19,148 | 119.5 | 61% |
| 2022 | 493,006 | 283,009 | 209,997 | 111.9 | 55% |
| 2023 | 603,806 | 563,145 | 40,661 | 54.4 | 65% |
In its most recent public year (2023), this organization brought in $40,661 more than it spent. Its reserves stood at about 54.4 months of spending, down from 98.4 in 2010. Staff pay was 65% of spending. $360,903 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
Romare Bearden Foundation 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