North Dakota Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,442,375 | 1,096,188 | 346,187 | 20.0 | 40% |
| 2012 | 1,523,139 | 1,124,681 | 398,458 | 23.7 | 35% |
| 2013 | 1,353,489 | 1,312,869 | 40,620 | 20.7 | 7% |
| 2014 | 1,907,851 | 959,924 | 947,927 | 40.1 | 9% |
| 2015 | 1,483,318 | 972,330 | 510,988 | 45.9 | 49% |
| 2016 | 1,261,329 | 913,785 | 347,544 | 53.4 | 48% |
| 2017 | 1,421,924 | 1,106,820 | 315,104 | 47.5 | 41% |
| 2018 | 1,423,715 | 1,151,290 | 272,425 | 48.5 | 40% |
| 2019 | 1,611,377 | 1,174,020 | 437,357 | 52.1 | 41% |
| 2020 | 1,319,104 | 990,475 | 328,629 | 65.7 | 41% |
| 2021 | 1,583,847 | 806,243 | 777,604 | 92.3 | 11% |
| 2022 | 2,052,250 | 958,069 | 1,094,181 | 91.4 | 38% |
| 2023 | 1,865,476 | 1,108,916 | 756,560 | 88.0 | 35% |
In its most recent public year (2023), this organization brought in $756,560 more than it spent. Its reserves stood at about 88 months of spending, up from 20 in 2011. Staff pay was 35% of spending.
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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