Formosan Arts And Technology Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 187,968 | 77,567 | 110,401 | 17.1 | 18% |
| 2023 | 55,422 | 95,640 | −40,218 | 8.8 | — |
| 2024 | 38,511 | 84,573 | −46,062 | 3.4 | — |
In its most recent public year (2024), this organization spent $46,062 more than it brought in. Its reserves stood at about 3.4 months of spending, down from 17.1 in 2022.
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 2024. 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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