Midwest Art Conservation Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,025,476 | 1,018,420 | 7,056 | 6.8 | 59% |
| 2013 | 1,122,816 | 1,022,132 | 100,684 | 7.9 | 56% |
| 2014 | 1,126,355 | 999,140 | 127,215 | 9.7 | 58% |
| 2015 | 1,075,200 | 1,034,480 | 40,720 | 9.7 | 59% |
| 2016 | 1,268,472 | 1,195,931 | 72,541 | 9.2 | 53% |
| 2017 | 1,258,231 | 1,220,415 | 37,816 | 9.6 | 58% |
| 2018 | 2,196,270 | 1,297,042 | 899,228 | 17.5 | 63% |
| 2019 | 1,333,580 | 1,272,771 | 60,809 | 18.6 | 63% |
| 2020 | 1,135,565 | 1,293,730 | −158,165 | 16.2 | 65% |
| 2021 | 1,448,144 | 1,420,078 | 28,066 | 16.5 | 64% |
| 2022 | 1,795,271 | 1,638,676 | 156,595 | 14.4 | 57% |
| 2023 | 2,677,674 | 2,224,387 | 453,287 | 13.6 | 47% |
In its most recent public year (2023), this organization brought in $453,287 more than it spent. Its reserves stood at about 13.6 months of spending, up from 6.8 in 2012. Staff pay was 47% of spending. $753,023 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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