Artspace Century Endowment Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,064,200 | 10,798 | 1,053,402 | 1771.0 | 0% |
| 2021 | 878,136 | 67,077 | 811,059 | 351.0 | 0% |
| 2022 | 23,424 | 97,012 | −73,588 | 202.3 | 0% |
| 2023 | 210,963 | 65,176 | 145,787 | 318.1 | 0% |
In its most recent public year (2023), this organization brought in $145,787 more than it spent. Its reserves stood at about 318.1 months of spending, down from 1771 in 2020. Staff pay was 0% of spending. $908,130 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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