Summit Artspace
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 325,688 | 166,195 | 159,493 | 25.1 | 41% |
| 2012 | 145,520 | 153,338 | −7,818 | 26.6 | — |
| 2013 | 129,175 | 123,837 | 5,338 | 33.1 | 49% |
| 2014 | 169,875 | 151,615 | 18,260 | 28.4 | 45% |
| 2015 | 135,586 | 217,768 | −82,182 | 15.3 | 33% |
| 2016 | 156,520 | 214,791 | −58,271 | 12.2 | 45% |
| 2017 | 185,211 | 200,186 | −14,975 | 12.2 | 42% |
| 2018 | 217,575 | 196,029 | 21,546 | 13.8 | 50% |
| 2019 | 193,064 | 200,576 | −7,512 | 13.0 | 55% |
| 2020 | 165,379 | 201,877 | −36,498 | 10.7 | 56% |
| 2021 | 242,438 | 203,297 | 39,141 | 13.0 | 44% |
| 2022 | 347,579 | 354,852 | −7,273 | 7.2 | 43% |
| 2023 | 359,966 | 317,700 | 42,266 | 9.8 | 51% |
In its most recent public year (2023), this organization brought in $42,266 more than it spent. Its reserves stood at about 9.8 months of spending, down from 25.1 in 2011. Staff pay was 51% 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
Summit Artspace'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