Magnolia Art Xchange Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 6,182 | 3,824 | 2,358 | 7.4 | — |
| 2016 | 12,091 | 4,416 | 7,675 | 27.3 | — |
| 2017 | 79,618 | 3,393 | 76,225 | 305.1 | — |
| 2018 | 67,945 | 3,334 | 64,611 | 543.0 | — |
| 2019 | 59,967 | 17,174 | 42,793 | 135.3 | — |
| 2020 | 4,548 | 30,921 | −26,373 | 64.9 | — |
| 2021 | 25,154 | 40,560 | −15,406 | 44.9 | — |
| 2022 | 11,712 | 48,646 | −36,934 | 28.4 | — |
| 2023 | 35,739 | 31,501 | 4,238 | 45.4 | — |
In its most recent public year (2023), this organization brought in $4,238 more than it spent. Its reserves stood at about 45.4 months of spending, up from 7.4 in 2015.
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
Magnolia Art Xchange Inc'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