Providence Athenaeum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 777,825 | 971,366 | −193,541 | 129.3 | 54% |
| 2013 | 938,707 | 987,657 | −48,950 | 136.9 | 54% |
| 2014 | 2,929,446 | 996,884 | 1,932,562 | 148.3 | 54% |
| 2015 | 990,944 | 1,059,630 | −68,686 | 134.4 | 55% |
| 2016 | 1,249,708 | 1,159,621 | 90,087 | 118.3 | 56% |
| 2017 | 1,868,299 | 1,227,186 | 641,113 | 120.6 | 57% |
| 2018 | 1,552,839 | 1,297,082 | 255,757 | 119.2 | 53% |
| 2019 | 885,192 | 1,274,658 | −389,466 | 122.8 | 52% |
| 2020 | 1,290,484 | 1,272,231 | 18,253 | 123.7 | 54% |
| 2021 | 2,203,845 | 1,480,585 | 723,260 | 129.3 | 48% |
| 2022 | 2,102,324 | 1,951,057 | 151,267 | 84.6 | 38% |
| 2023 | 1,696,298 | 1,452,750 | 243,548 | 123.5 | 54% |
In its most recent public year (2023), this organization brought in $243,548 more than it spent. Its reserves stood at about 123.5 months of spending, down from 129.3 in 2012. Staff pay was 54% of spending. $2,901,991 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
Providence Athenaeum'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