Palette And Chisel Academy Of Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 479,895 | 452,383 | 27,512 | 29.4 | 20% |
| 2012 | 478,601 | 445,268 | 33,333 | 30.8 | 19% |
| 2013 | 560,845 | 525,353 | 35,492 | 27.0 | 18% |
| 2014 | 508,711 | 491,357 | 17,354 | 29.4 | 20% |
| 2015 | 542,847 | 523,555 | 19,292 | 28.0 | 20% |
| 2016 | 2,834,397 | 598,451 | 2,235,946 | 69.1 | 18% |
| 2017 | 605,419 | 572,001 | 33,418 | 75.4 | 21% |
| 2018 | 699,981 | 583,622 | 116,359 | 72.8 | 21% |
| 2019 | 798,691 | 694,388 | 104,303 | 69.8 | 18% |
| 2020 | 469,030 | 444,559 | 24,471 | 115.5 | 28% |
| 2021 | 663,512 | 577,620 | 85,892 | 96.5 | 22% |
| 2022 | 757,516 | 707,343 | 50,173 | 71.3 | 25% |
| 2023 | 855,924 | 716,838 | 139,086 | 77.0 | 20% |
In its most recent public year (2023), this organization brought in $139,086 more than it spent. Its reserves stood at about 77 months of spending, up from 29.4 in 2011. Staff pay was 20% of spending. $529,058 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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