South Bend Museum Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 717,809 | 774,183 | −56,374 | 9.0 | 57% |
| 2012 | 862,079 | 835,609 | 26,470 | 8.7 | 57% |
| 2013 | 1,001,785 | 914,860 | 86,925 | 9.1 | 52% |
| 2014 | 940,842 | 929,538 | 11,304 | 9.1 | 49% |
| 2015 | 796,722 | 840,322 | −43,600 | 8.9 | 52% |
| 2016 | 807,276 | 798,654 | 8,622 | 9.9 | 57% |
| 2017 | 847,580 | 835,225 | 12,355 | 8.3 | 54% |
| 2018 | 899,383 | 865,631 | 33,752 | 7.6 | 54% |
| 2019 | 844,295 | 892,029 | −47,734 | 8.3 | 54% |
| 2020 | 719,149 | 757,088 | −37,939 | 10.7 | 58% |
| 2021 | 3,203,304 | 975,977 | 2,227,327 | 33.8 | 45% |
| 2022 | 1,443,788 | 1,134,326 | 309,462 | 28.8 | 56% |
| 2023 | 988,722 | 1,123,690 | −134,968 | 30.7 | 60% |
In its most recent public year (2023), this organization spent $134,968 more than it brought in. Its reserves stood at about 30.7 months of spending, up from 9 in 2011. Staff pay was 60% of spending. $2,410,589 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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