Horace Kelley Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 262,927 | 513,892 | −250,965 | 233.1 | 0% |
| 2012 | 985,277 | 647,821 | 337,456 | 191.2 | 0% |
| 2013 | 1,081,404 | 717,253 | 364,151 | 178.7 | 0% |
| 2014 | 820,469 | 716,595 | 103,874 | 180.6 | 0% |
| 2015 | 990,379 | 526,411 | 463,968 | 256.5 | 0% |
| 2016 | 674,197 | 540,521 | 133,676 | 252.8 | 0% |
| 2017 | 516,329 | 714,728 | −198,399 | 187.8 | 0% |
| 2018 | 1,153,576 | 713,259 | 440,317 | 195.6 | 0% |
| 2019 | 903,699 | 506,830 | 396,869 | 284.7 | 0% |
| 2020 | 374,019 | 490,154 | −116,135 | 291.5 | 0% |
| 2021 | 443,407 | 454,700 | −11,293 | 314.0 | 0% |
| 2022 | 351,828 | 364,930 | −13,102 | 390.8 | 0% |
| 2023 | 431,349 | 367,235 | 64,114 | 390.4 | 0% |
In its most recent public year (2023), this organization brought in $64,114 more than it spent. Its reserves stood at about 390.4 months of spending, up from 233.1 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
Horace Kelley Art Foundation'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