Massachusetts College Of Art And Design Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,645,121 | 2,488,974 | 1,156,147 | 66.1 | 0% |
| 2013 | 2,132,346 | 1,746,943 | 385,403 | 99.6 | 0% |
| 2014 | 2,570,324 | 1,915,903 | 654,421 | 100.3 | 0% |
| 2015 | 3,180,486 | 3,332,487 | −152,001 | 56.3 | 0% |
| 2016 | 3,837,967 | 3,361,296 | 476,671 | 54.5 | 0% |
| 2017 | 3,950,936 | 3,831,223 | 119,713 | 50.0 | 0% |
| 2018 | 5,220,746 | 3,849,658 | 1,371,088 | 55.2 | 0% |
| 2019 | 3,847,357 | 7,299,283 | −3,451,926 | 23.7 | 0% |
| 2020 | 5,066,329 | 3,737,286 | 1,329,043 | 50.3 | 4% |
| 2021 | 4,853,562 | 3,603,525 | 1,250,037 | 61.0 | 4% |
| 2022 | 4,054,799 | 2,758,830 | 1,295,969 | 72.3 | 5% |
| 2023 | 3,639,374 | 2,961,423 | 677,951 | 74.1 | 4% |
In its most recent public year (2023), this organization brought in $677,951 more than it spent. Its reserves stood at about 74.1 months of spending, up from 66.1 in 2012. Staff pay was 4% of spending. $17,542,470 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
Massachusetts College Of Art And Design Foundation Inc'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