Connecticut Society Of Portrait Artists
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,272 | 5,955 | 7,317 | 34.0 | — |
| 2013 | 11,226 | 4,159 | 7,067 | 38.4 | — |
| 2014 | 10,805 | 19,363 | −8,558 | 2.9 | — |
| 2015 | 4,938 | 5,420 | −482 | 9.4 | — |
| 2016 | 4,741 | 6,854 | −2,113 | 3.8 | — |
| 2017 | 3,325 | 3,472 | −147 | 6.9 | — |
| 2018 | 3,545 | 1,900 | 1,645 | 26.4 | 0% |
| 2019 | 3,991 | 7,450 | −3,459 | 0.9 | — |
| 2020 | 4,236 | 2,302 | 1,934 | 13.0 | — |
In its most recent public year (2020), this organization brought in $1,934 more than it spent. Its reserves stood at about 13 months of spending, down from 34 in 2011.
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 2020. 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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