Beverly Art Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,717,358 | 1,949,977 | −232,619 | 31.9 | 22% |
| 2012 | 1,685,154 | 1,916,025 | −230,871 | 31.0 | 23% |
| 2013 | 1,518,788 | 1,932,750 | −413,962 | 28.2 | 14% |
| 2014 | 5,775,052 | 2,038,769 | 3,736,283 | 48.6 | 20% |
| 2015 | 1,479,137 | 1,737,341 | −258,204 | 55.2 | 25% |
| 2016 | 1,402,217 | 1,553,238 | −151,021 | 60.5 | 25% |
| 2017 | 1,287,372 | 1,515,980 | −228,608 | 60.4 | 26% |
| 2018 | 1,518,440 | 1,721,396 | −202,956 | 51.8 | 28% |
| 2019 | 1,688,089 | 2,062,480 | −374,391 | 41.3 | 29% |
| 2020 | 1,533,135 | 1,678,924 | −145,789 | 49.9 | 36% |
| 2021 | 1,710,297 | 1,649,385 | 60,912 | 51.0 | 29% |
| 2022 | 1,911,443 | 1,831,953 | 79,490 | 45.8 | 29% |
| 2023 | 1,978,600 | 2,472,897 | −494,297 | 31.4 | 32% |
In its most recent public year (2023), this organization spent $494,297 more than it brought in. Its reserves stood at about 31.4 months of spending. Staff pay was 32% of spending. $260,169 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
Beverly Art Center'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