Putnam Academy Of Arts And Sciences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 767,266 | 718,139 | 49,127 | 0.8 | 50% |
| 2014 | 1,020,993 | 994,883 | 26,110 | 0.9 | 53% |
| 2015 | 1,034,165 | 1,078,076 | −43,911 | 1.3 | 57% |
| 2016 | 1,141,869 | 994,966 | 146,903 | 3.1 | 59% |
| 2017 | 1,350,127 | 1,106,496 | 243,631 | 5.4 | 58% |
| 2018 | 1,338,899 | 1,244,043 | 94,856 | 5.7 | 60% |
| 2019 | 1,511,096 | 1,378,625 | 132,471 | 6.3 | 58% |
| 2020 | 1,777,610 | 1,522,393 | 255,217 | 5.9 | 57% |
| 2021 | 2,140,996 | 2,255,420 | −114,424 | 3.6 | 43% |
| 2022 | 3,201,235 | 3,264,538 | −63,303 | 2.2 | 35% |
| 2023 | 2,012,978 | 2,168,807 | −155,829 | 2.6 | 59% |
In its most recent public year (2023), this organization spent $155,829 more than it brought in. Its reserves stood at about 2.6 months of spending, up from 0.8 in 2013. Staff pay was 59% of spending. $408,453 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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