Butler Institute Of American Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,996,930 | 3,234,426 | −1,237,496 | 297.8 | 34% |
| 2021 | 11,211,840 | 3,060,722 | 8,151,118 | 379.6 | 35% |
| 2022 | 5,561,162 | 3,193,313 | 2,367,849 | 333.0 | 36% |
| 2023 | 4,627,797 | 3,541,003 | 1,086,794 | 222.0 | 37% |
| 2024 | 4,977,360 | 4,343,013 | 634,347 | 193.8 | 36% |
In its most recent public year (2024), this organization brought in $634,347 more than it spent. Its reserves stood at about 193.8 months of spending, down from 297.8 in 2020. Staff pay was 36% of spending. $11,273,690 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 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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