Cleveland Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 68,797,597 | 64,202,417 | 4,595,180 | 179.4 | 30% |
| 2021 | 90,038,138 | 62,388,046 | 27,650,092 | 231.3 | 31% |
| 2022 | 74,298,172 | 68,033,512 | 6,264,660 | 187.8 | 29% |
| 2023 | 102,901,148 | 68,669,220 | 34,231,928 | 199.8 | 29% |
In its most recent public year (2023), this organization brought in $34,231,928 more than it spent. Its reserves stood at about 199.8 months of spending, up from 179.4 in 2020. Staff pay was 29% of spending. $835,013,234 of its net assets are donor-restricted.
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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