Cincinnati Institute Of Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,812,383 | 13,786,989 | −974,606 | 38.1 | 12% |
| 2012 | 12,829,480 | 13,218,556 | −389,076 | 40.6 | 11% |
| 2013 | 14,216,610 | 13,742,095 | 474,515 | 41.9 | 12% |
| 2014 | 14,775,416 | 13,962,389 | 813,027 | 46.8 | 13% |
| 2015 | 15,117,094 | 13,507,068 | 1,610,026 | 46.0 | 13% |
| 2016 | 18,029,313 | 14,466,795 | 3,562,518 | 47.0 | 12% |
| 2017 | 15,835,249 | 14,978,630 | 856,619 | 49.0 | 13% |
| 2018 | 15,129,785 | 15,414,286 | −284,501 | 48.9 | 12% |
| 2019 | 20,058,996 | 14,841,583 | 5,217,413 | 49.5 | 13% |
| 2020 | 14,545,701 | 14,626,292 | −80,591 | 52.8 | 13% |
| 2021 | 18,167,716 | 15,023,651 | 3,144,065 | 61.6 | 12% |
| 2022 | 34,213,891 | 24,471,348 | 9,742,543 | 33.3 | 9% |
| 2023 | 12,271,327 | 15,213,145 | −2,941,818 | 55.4 | 15% |
In its most recent public year (2023), this organization spent $2,941,818 more than it brought in. Its reserves stood at about 55.4 months of spending, up from 38.1 in 2011. Staff pay was 15% of spending. $51,815,141 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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