Fitchburg Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,357,879 | 979,011 | 378,868 | 238.4 | 40% |
| 2013 | 1,674,322 | 1,171,321 | 503,001 | 206.8 | 36% |
| 2014 | 1,113,101 | 1,334,309 | −221,208 | 198.8 | 36% |
| 2015 | 3,086,190 | 1,362,842 | 1,723,348 | 190.0 | 36% |
| 2016 | 338,085 | 1,433,827 | −1,095,742 | 171.4 | 40% |
| 2017 | 1,210,806 | 1,442,368 | −231,562 | 178.1 | 43% |
| 2018 | 980,429 | 1,498,341 | −517,912 | 173.8 | 45% |
| 2019 | 3,368,080 | 1,736,181 | 1,631,899 | 150.1 | 41% |
| 2020 | 1,625,802 | 1,625,291 | 511 | 158.5 | 44% |
| 2021 | 5,731,661 | 1,700,172 | 4,031,489 | 180.0 | 42% |
| 2022 | 3,920,400 | 1,983,077 | 1,937,323 | 135.8 | 41% |
| 2023 | 1,528,643 | 1,888,158 | −359,515 | 149.4 | 43% |
| 2024 | 1,645,952 | 2,089,209 | −443,257 | 141.3 | 43% |
In its most recent public year (2024), this organization spent $443,257 more than it brought in. Its reserves stood at about 141.3 months of spending, down from 238.4 in 2012. Staff pay was 43% of spending. $3,882,695 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 2024. 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
Fitchburg Art Museum's IRS filings as a feed — one entry per filing year, through 2024. 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