Friends Of John Slade Ely House Of Contemporary Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 68,191 | 45,454 | 22,737 | 11.7 | — |
| 2020 | 72,592 | 80,769 | −8,177 | 5.4 | — |
| 2021 | 63,986 | 65,080 | −1,094 | 6.5 | — |
| 2022 | 84,640 | 84,960 | −320 | 4.9 | 21% |
| 2023 | 173,747 | 147,376 | 26,371 | 5.1 | 11% |
| 2024 | 240,416 | 178,024 | 62,392 | 7.5 | 3% |
In its most recent public year (2024), this organization brought in $62,392 more than it spent. Its reserves stood at about 7.5 months of spending, down from 11.7 in 2019. Staff pay was 3% 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 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
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