Madison Museum Of Contemporary Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 20,745,798 | 2,516,914 | 18,228,884 | 95.9 | 39% |
| 2013 | 1,992,605 | 2,566,584 | −573,979 | 91.8 | 38% |
| 2014 | 1,960,937 | 2,730,334 | −769,397 | 83.1 | 39% |
| 2015 | 2,200,762 | 2,849,413 | −648,651 | 77.1 | 38% |
| 2016 | 2,205,781 | 3,034,631 | −828,850 | 69.0 | 38% |
| 2017 | 2,272,109 | 2,893,181 | −621,072 | 70.2 | 41% |
| 2018 | 2,075,150 | 2,784,867 | −709,717 | 70.2 | 40% |
| 2019 | 2,568,463 | 3,168,310 | −599,847 | 59.6 | 38% |
| 2020 | 2,196,358 | 3,044,792 | −848,434 | 58.7 | 40% |
| 2021 | 1,740,740 | 2,674,824 | −934,084 | 63.3 | 38% |
| 2022 | 2,302,239 | 2,995,336 | −693,097 | 49.3 | 34% |
| 2023 | 1,957,356 | 2,852,720 | −895,364 | 45.9 | 34% |
In its most recent public year (2023), this organization spent $895,364 more than it brought in. Its reserves stood at about 45.9 months of spending, down from 95.9 in 2012. Staff pay was 34% of spending. $126,500 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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