Midwest Museum Of American Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 355,785 | 165,965 | 189,820 | 488.9 | 30% |
| 2012 | 245,312 | 171,030 | 74,282 | 479.7 | 28% |
| 2013 | 685,057 | 165,807 | 519,250 | 532.4 | 30% |
| 2014 | 464,015 | 184,930 | 279,085 | 495.4 | 27% |
| 2015 | 458,811 | 155,658 | 303,153 | 612.0 | 33% |
| 2016 | 342,314 | 164,107 | 178,207 | 593.5 | 37% |
| 2017 | 676,232 | 192,719 | 483,513 | 535.5 | 34% |
| 2018 | 399,120 | 198,464 | 200,656 | 532.1 | 40% |
| 2019 | 577,844 | 221,579 | 356,265 | 495.9 | 39% |
| 2020 | 576,937 | 203,963 | 372,974 | 560.7 | 44% |
| 2021 | 737,450 | 216,391 | 521,059 | 557.4 | 42% |
| 2022 | 1,066,932 | 216,500 | 850,432 | 602.5 | 45% |
| 2023 | 900,605 | 252,806 | 647,799 | 546.8 | 54% |
In its most recent public year (2023), this organization brought in $647,799 more than it spent. Its reserves stood at about 546.8 months of spending, up from 488.9 in 2011. Staff pay was 54% 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 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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