Lexington Art League Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 518,893 | 531,085 | −12,192 | 4.2 | 34% |
| 2013 | 553,156 | 575,609 | −22,453 | 3.8 | 32% |
| 2014 | 781,376 | 908,302 | −126,926 | 1.0 | 22% |
| 2015 | 606,781 | 625,311 | −18,530 | 1.1 | 28% |
| 2016 | 437,700 | 420,759 | 16,941 | 1.9 | 31% |
| 2017 | 491,456 | 496,138 | −4,682 | 1.7 | 34% |
| 2018 | 450,071 | 494,055 | −43,984 | 0.7 | 32% |
| 2019 | 294,327 | 301,998 | −7,671 | 0.7 | 38% |
| 2020 | 283,685 | 264,247 | 19,438 | 1.7 | 41% |
| 2021 | 169,649 | 185,733 | −16,084 | 1.4 | 45% |
| 2022 | 229,681 | 219,430 | 10,251 | 1.8 | 39% |
| 2023 | 322,715 | 270,245 | 52,470 | 3.8 | 43% |
| 2024 | 225,212 | 282,049 | −56,837 | 0.8 | 42% |
In its most recent public year (2024), this organization spent $56,837 more than it brought in. Its reserves stood at about 0.8 months of spending, down from 4.2 in 2012. Staff pay was 42% 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 2024. 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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