Highlands Museum Of The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 378 | 7,935 | −7,557 | -11.4 | — |
| 2017 | 7,551 | 691 | 6,860 | -12.1 | — |
| 2018 | 13,197 | 13,651 | −454 | -1.0 | — |
| 2019 | 1,402 | 8,279 | −6,877 | -11.6 | — |
| 2020 | 16,000 | 9,157 | 6,843 | -1.6 | — |
In its most recent public year (2020), this organization brought in $6,843 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.6 months), up from -11.4 in 2016.
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 2020. 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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