Akron Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,027,234 | 4,769,033 | −741,799 | 137.8 | 31% |
| 2012 | 5,522,058 | 4,626,272 | 895,786 | 140.7 | 33% |
| 2013 | 3,704,637 | 4,279,186 | −574,549 | 155.4 | 33% |
| 2014 | 3,315,544 | 4,168,141 | −852,597 | 165.3 | 37% |
| 2015 | 245,792 | 4,411,317 | −4,165,525 | 150.6 | 35% |
| 2016 | 3,172,616 | 4,112,624 | −940,008 | 159.8 | 38% |
| 2017 | 5,986,276 | 4,883,266 | 1,103,010 | 139.1 | 34% |
| 2018 | 4,517,257 | 4,777,487 | −260,230 | 147.5 | 39% |
| 2019 | 3,788,517 | 6,015,973 | −2,227,456 | 113.0 | 35% |
| 2020 | 3,038,717 | 5,252,041 | −2,213,324 | 125.2 | 40% |
| 2021 | 4,848,222 | 3,959,490 | 888,732 | 192.1 | 31% |
| 2022 | 4,858,452 | 4,967,011 | −108,559 | 138.8 | 39% |
| 2023 | 6,901,373 | 5,393,514 | 1,507,859 | 132.4 | 39% |
In its most recent public year (2023), this organization brought in $1,507,859 more than it spent. Its reserves stood at about 132.4 months of spending, down from 137.8 in 2011. Staff pay was 39% of spending. $31,765,268 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
Akron Art Museum's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works