Midway Contemporary Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 452,150 | 429,099 | 23,051 | 8.6 | 32% |
| 2012 | 576,736 | 436,002 | 140,734 | 12.3 | 33% |
| 2013 | 434,442 | 500,118 | −65,676 | 9.2 | 35% |
| 2014 | 476,005 | 506,428 | −30,423 | 8.3 | 47% |
| 2015 | 613,330 | 525,966 | 87,364 | 10.0 | 47% |
| 2016 | 599,909 | 534,653 | 65,256 | 11.3 | 46% |
| 2017 | 512,897 | 580,050 | −67,153 | 9.0 | 38% |
| 2018 | 810,179 | 633,695 | 176,484 | 11.6 | 40% |
| 2019 | 513,523 | 594,611 | −81,088 | 10.7 | 47% |
| 2020 | 697,615 | 691,208 | 6,407 | 9.4 | 41% |
| 2021 | 1,320,927 | 506,154 | 814,773 | 32.1 | 57% |
| 2022 | 1,603,406 | 768,770 | 834,636 | 34.2 | 48% |
| 2023 | 1,257,722 | 674,498 | 583,224 | 49.3 | 53% |
In its most recent public year (2023), this organization brought in $583,224 more than it spent. Its reserves stood at about 49.3 months of spending, up from 8.6 in 2011. Staff pay was 53% of spending. $1,396,360 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
Midway Contemporary Art'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