Bemis Center For Contemporary Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,487,411 | 1,433,175 | 1,054,236 | 34.2 | 41% |
| 2012 | 1,741,425 | 1,881,813 | −140,388 | 25.2 | 37% |
| 2013 | 1,558,924 | 1,709,702 | −150,778 | 26.6 | 34% |
| 2014 | 1,125,951 | 1,480,328 | −354,377 | 27.5 | 35% |
| 2015 | 1,302,707 | 1,504,193 | −201,486 | 25.4 | 35% |
| 2016 | 1,258,319 | 1,447,621 | −189,302 | 24.8 | 37% |
| 2017 | 2,697,683 | 1,699,910 | 997,773 | 28.2 | 33% |
| 2018 | 2,252,212 | 1,774,613 | 477,599 | 30.2 | 34% |
| 2019 | 1,890,331 | 2,030,915 | −140,584 | 25.6 | 37% |
| 2020 | 2,947,724 | 2,271,581 | 676,143 | 26.4 | 38% |
| 2021 | 2,093,050 | 2,529,409 | −436,359 | 21.7 | 33% |
| 2022 | 2,509,643 | 2,284,447 | 225,196 | 25.2 | 33% |
| 2023 | 1,786,406 | 2,362,095 | −575,689 | 21.4 | 38% |
In its most recent public year (2023), this organization spent $575,689 more than it brought in. Its reserves stood at about 21.4 months of spending, down from 34.2 in 2011. Staff pay was 38% of spending. $659,238 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
Bemis Center For Contemporary Arts's IRS filings as a feed — one entry per filing year, through 2023. 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