Presser Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,085 | 227,004 | −33,919 | 67.9 | 26% |
| 2012 | 151,539 | 219,458 | −67,919 | 66.6 | 27% |
| 2013 | 215,668 | 268,174 | −52,506 | 52.1 | 23% |
| 2014 | 195,085 | 347,387 | −152,302 | 35.0 | 21% |
| 2015 | 222,015 | 261,037 | −39,022 | 44.8 | 30% |
| 2016 | 638,315 | 255,123 | 383,192 | 63.8 | 32% |
| 2017 | 3,946,611 | 286,545 | 3,660,066 | 210.1 | 35% |
| 2018 | 836,323 | 393,136 | 443,187 | 166.7 | 26% |
| 2019 | 342,431 | 777,444 | −435,013 | 77.6 | 16% |
| 2020 | 338,388 | 508,354 | −169,966 | 114.6 | 27% |
| 2021 | 387,528 | 624,820 | −237,292 | 88.7 | 21% |
| 2022 | 438,576 | 575,327 | −136,751 | 93.5 | 21% |
| 2023 | 430,128 | 598,441 | −168,313 | 90.2 | 23% |
In its most recent public year (2023), this organization spent $168,313 more than it brought in. Its reserves stood at about 90.2 months of spending, up from 67.9 in 2011. Staff pay was 23% of spending. $750,000 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
Presser Arts Center'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