More Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 275,769 | 240,409 | 35,360 | 4.2 | 41% |
| 2021 | 340,499 | 216,647 | 123,852 | 11.8 | 49% |
| 2022 | 398,766 | 362,282 | 36,484 | 8.0 | 33% |
| 2023 | 343,621 | 391,468 | −47,847 | 8.1 | 35% |
In its most recent public year (2023), this organization spent $47,847 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 4.2 in 2020. Staff pay was 35% 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
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