Fremont Area Art Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,169 | 67,607 | 65,562 | 52.5 | — |
| 2012 | 70,774 | 67,530 | 3,244 | 53.1 | — |
| 2013 | 104,483 | 66,705 | 37,778 | 60.6 | — |
| 2014 | 146,270 | 72,112 | 74,158 | 68.4 | — |
| 2015 | 110,221 | 87,501 | 22,720 | 43.6 | — |
| 2016 | 183,754 | 88,839 | 94,915 | 55.8 | 28% |
| 2017 | 236,943 | 118,958 | 117,985 | 53.6 | 30% |
| 2018 | 321,535 | 103,661 | 217,874 | 86.7 | 41% |
| 2019 | 252,700 | 119,316 | 133,384 | 88.7 | 40% |
| 2020 | 129,508 | 131,914 | −2,406 | 80.0 | 43% |
| 2021 | 168,620 | 114,456 | 54,164 | 97.9 | 40% |
| 2022 | 117,240 | 145,530 | −28,290 | 74.7 | 35% |
| 2023 | 356,054 | 190,635 | 165,419 | 67.4 | 40% |
In its most recent public year (2023), this organization brought in $165,419 more than it spent. Its reserves stood at about 67.4 months of spending, up from 52.5 in 2011. Staff pay was 40% 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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