Fine Arts Work Center In Provincetown Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,384,741 | 1,329,698 | 55,043 | 31.1 | 32% |
| 2012 | 1,519,309 | 1,368,403 | 150,906 | 32.9 | 30% |
| 2013 | 1,396,578 | 1,440,774 | −44,196 | 31.6 | 33% |
| 2014 | 1,491,872 | 1,518,430 | −26,558 | 30.6 | 33% |
| 2015 | 1,623,782 | 1,591,366 | 32,416 | 29.2 | 32% |
| 2016 | 1,451,716 | 1,664,919 | −213,203 | 27.2 | 33% |
| 2017 | 2,168,852 | 1,658,245 | 510,607 | 31.5 | 30% |
| 2018 | 3,546,682 | 1,744,618 | 1,802,064 | 42.6 | 31% |
| 2019 | 1,824,873 | 1,833,042 | −8,169 | 40.5 | 29% |
| 2020 | 1,424,060 | 1,730,038 | −305,978 | 41.4 | 32% |
| 2021 | 1,914,761 | 1,530,379 | 384,382 | 52.4 | 34% |
| 2022 | 2,504,885 | 2,309,037 | 195,848 | 33.0 | 31% |
| 2023 | 3,051,629 | 2,599,676 | 451,953 | 32.0 | 33% |
In its most recent public year (2023), this organization brought in $451,953 more than it spent. Its reserves stood at about 32 months of spending. Staff pay was 33% of spending. $3,915,842 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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