American Friends Of The Prado Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 6,144,196 | 103,798 | 6,040,398 | 699.3 | 0% |
| 2017 | 282,430 | 169,655 | 112,775 | 435.8 | 0% |
| 2018 | 244,619 | 282,692 | −38,073 | 259.9 | 0% |
| 2019 | 487,313 | 230,866 | 256,447 | 331.6 | 0% |
| 2020 | 546,202 | 6,382,921 | −5,836,719 | 1.0 | 0% |
| 2021 | 9,196,430 | 220,613 | 8,975,817 | 517.8 | 0% |
| 2022 | 155,021 | 468,212 | −313,191 | 235.9 | 0% |
| 2023 | 391,361 | 457,654 | −66,293 | 239.6 | 0% |
In its most recent public year (2023), this organization spent $66,293 more than it brought in. Its reserves stood at about 239.6 months of spending, down from 699.3 in 2016. Staff pay was 0% 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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