New Mexico Advocates For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 170,087 | 172,234 | −2,147 | 0.3 | — |
| 2014 | 218,027 | 210,937 | 7,090 | 0.6 | 3% |
| 2015 | 47,813 | 38,763 | 9,050 | 5.9 | — |
| 2016 | 40,183 | 59,173 | −18,990 | 0.0 | — |
| 2017 | 15,413 | 11,104 | 4,309 | 4.8 | — |
| 2018 | 62,658 | 75,697 | −13,039 | -1.4 | — |
| 2019 | 40,778 | 34,809 | 5,969 | -0.9 | — |
| 2020 | 70,812 | 63,695 | 7,117 | -0.1 | — |
| 2021 | 65,730 | 50,333 | 15,397 | 7.8 | — |
| 2022 | 259,841 | 244,821 | 15,020 | 2.3 | 0% |
| 2023 | 255,053 | 279,823 | −24,770 | 1.0 | 35% |
In its most recent public year (2023), this organization spent $24,770 more than it brought in. Its reserves stood at about 1 months of spending. Staff pay was 35% 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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