Huntington Beach Municipal Art Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 67,011 | 16,126 | 50,885 | 197.8 | — |
| 2022 | 115,251 | 57,507 | 57,744 | 67.5 | — |
| 2023 | 63,239 | 71,872 | −8,633 | 52.6 | — |
| 2024 | 47,700 | 33,379 | 14,321 | 118.4 | — |
In its most recent public year (2024), this organization brought in $14,321 more than it spent. Its reserves stood at about 118.4 months of spending, down from 197.8 in 2021.
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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