Friends Of Art For Community Enrichment
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 26,564 | 32,338 | −5,774 | 3.4 | — |
| 2013 | 45,067 | 37,590 | 7,477 | 6.9 | — |
| 2014 | 64,382 | 73,908 | −9,526 | 2.2 | — |
| 2015 | 80,727 | 69,388 | 11,339 | 4.3 | — |
| 2017 | 120,097 | 89,000 | 31,097 | 0.0 | 0% |
| 2018 | 43,729 | 42,074 | 1,655 | 9.3 | 0% |
| 2019 | 24,128 | 19,412 | 4,716 | 23.3 | — |
| 2020 | 6,854 | 7,772 | −918 | 56.7 | — |
| 2021 | 12,897 | 11,213 | 1,684 | 41.1 | — |
| 2022 | 28,098 | 18,303 | 9,795 | 8.4 | — |
| 2023 | 5,472 | 7,469 | −1,997 | 12.1 | — |
In its most recent public year (2023), this organization spent $1,997 more than it brought in. Its reserves stood at about 12.1 months of spending, up from 3.4 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 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
Friends Of Art For Community Enrichment'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