Rockford Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 723,557 | 595,342 | 128,215 | 60.4 | 53% |
| 2012 | 748,571 | 610,148 | 138,423 | 64.0 | 55% |
| 2013 | 1,053,491 | 661,933 | 391,558 | 68.0 | 51% |
| 2014 | 1,009,038 | 699,950 | 309,088 | 70.9 | 52% |
| 2015 | 583,491 | 675,134 | −91,643 | 67.5 | 50% |
| 2016 | 830,849 | 658,061 | 172,788 | 73.2 | 51% |
| 2017 | 975,672 | 1,231,773 | −256,101 | 38.0 | 27% |
| 2018 | 611,110 | 709,570 | −98,460 | 61.0 | 47% |
| 2019 | 827,404 | 721,692 | 105,712 | 68.4 | 46% |
| 2020 | 613,339 | 600,261 | 13,078 | 88.6 | 44% |
| 2021 | 671,531 | 581,568 | 89,963 | 99.9 | 41% |
| 2022 | 447,367 | 656,654 | −209,287 | 74.3 | 38% |
| 2023 | 764,649 | 571,150 | 193,499 | 219.7 | 39% |
In its most recent public year (2023), this organization brought in $193,499 more than it spent. Its reserves stood at about 219.7 months of spending, up from 60.4 in 2011. Staff pay was 39% of spending. $7,632,021 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
Rockford Art Museum'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