Painting Industry Insurance Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,955,900 | 8,453,262 | −497,362 | 12.1 | 0% |
| 2012 | 8,959,112 | 8,889,616 | 69,496 | 11.9 | 0% |
| 2013 | 9,276,446 | 9,925,326 | −648,880 | 10.3 | 0% |
| 2014 | 9,724,791 | 10,490,071 | −765,280 | 9.0 | 0% |
| 2015 | 11,038,427 | 11,851,998 | −813,571 | 7.1 | 0% |
| 2016 | 12,239,671 | 14,500,560 | −2,260,889 | 3.8 | 0% |
| 2017 | 13,164,504 | 13,353,758 | −189,254 | 3.6 | 0% |
| 2018 | 13,025,320 | 9,187,003 | 3,838,317 | 10.1 | 0% |
| 2019 | 13,426,631 | 13,420,943 | 5,688 | 7.3 | 0% |
| 2020 | 12,582,486 | 13,133,045 | −550,559 | 7.0 | 0% |
| 2021 | 13,147,287 | 13,906,310 | −759,023 | 6.0 | 0% |
| 2022 | 14,602,853 | 13,861,709 | 741,144 | 6.3 | 0% |
| 2023 | 15,064,041 | 13,851,071 | 1,212,970 | 7.6 | 0% |
In its most recent public year (2023), this organization brought in $1,212,970 more than it spent. Its reserves stood at about 7.6 months of spending, down from 12.1 in 2011. Staff pay was 0% 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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