Newton Fine Arts Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 118,315 | 98,158 | 20,157 | 47.5 | — |
| 2021 | 270,216 | 112,069 | 158,147 | 58.7 | 39% |
| 2022 | 175,839 | 125,272 | 50,567 | 55.7 | 39% |
| 2023 | 150,445 | 129,984 | 20,461 | 56.9 | 42% |
In its most recent public year (2023), this organization brought in $20,461 more than it spent. Its reserves stood at about 56.9 months of spending, up from 47.5 in 2020. Staff pay was 42% of spending. $12,637 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
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