Provincetown Art Association And Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,602,108 | 1,540,674 | 61,434 | 78.2 | 39% |
| 2021 | 3,732,108 | 1,539,783 | 2,192,325 | 97.8 | 41% |
| 2022 | 4,230,764 | 1,847,917 | 2,382,847 | 92.4 | 40% |
| 2023 | 2,668,707 | 1,915,281 | 753,426 | 94.6 | 42% |
In its most recent public year (2023), this organization brought in $753,426 more than it spent. Its reserves stood at about 94.6 months of spending, up from 78.2 in 2020. Staff pay was 42% of spending. $3,346,088 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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