Sterling & Francine Clark Art Inst
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,832,714 | 19,400,342 | 34,432,372 | 262.4 | 30% |
| 2012 | 26,516,151 | 21,170,873 | 5,345,278 | 237.0 | 29% |
| 2013 | 40,874,425 | 22,099,549 | 18,774,876 | 247.9 | 30% |
| 2014 | 40,792,831 | 23,011,692 | 17,781,139 | 263.2 | 29% |
| 2015 | 96,747,255 | 28,447,484 | 68,299,771 | 206.1 | 23% |
| 2016 | 18,694,119 | 26,675,749 | −7,981,630 | 211.4 | 25% |
| 2017 | 32,294,898 | 26,704,307 | 5,590,591 | 218.3 | 24% |
| 2018 | 29,240,692 | 26,115,537 | 3,125,155 | 228.7 | 23% |
| 2019 | 26,948,382 | 29,975,167 | −3,026,785 | 201.5 | 22% |
| 2020 | 26,673,561 | 27,753,959 | −1,080,398 | 219.1 | 24% |
| 2021 | 8,093,612 | 28,984,597 | −20,890,985 | 274.3 | 23% |
| 2022 | 8,296,004 | 29,732,280 | −21,436,276 | 236.2 | 24% |
| 2023 | 10,724,599 | 31,550,903 | −20,826,304 | 218.7 | 26% |
In its most recent public year (2023), this organization spent $20,826,304 more than it brought in. Its reserves stood at about 218.7 months of spending, down from 262.4 in 2011. Staff pay was 26% of spending. $169,363,362 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
Sterling & Francine Clark Art Inst'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