Providence Art Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,184,570 | 1,110,297 | 74,273 | 34.6 | 0% |
| 2012 | 1,030,639 | 1,103,324 | −72,685 | 34.0 | 0% |
| 2013 | 1,162,617 | 1,098,099 | 64,518 | 34.9 | 27% |
| 2015 | 1,128,240 | 1,144,011 | −15,771 | 34.0 | 30% |
| 2016 | 1,289,654 | 1,163,813 | 125,841 | 34.7 | 31% |
| 2017 | 1,579,054 | 1,317,891 | 261,163 | 33.0 | 30% |
| 2018 | 2,045,667 | 1,860,176 | 185,491 | 27.4 | 44% |
| 2019 | 2,336,593 | 2,129,910 | 206,683 | 21.5 | 41% |
| 2020 | 2,083,902 | 2,034,611 | 49,291 | 19.8 | 45% |
| 2021 | 1,734,550 | 1,317,976 | 416,574 | 41.3 | 40% |
| 2022 | 1,986,193 | 1,405,035 | 581,158 | 44.2 | 39% |
| 2023 | 1,864,090 | 1,741,145 | 122,945 | 35.8 | 37% |
In its most recent public year (2023), this organization brought in $122,945 more than it spent. Its reserves stood at about 35.8 months of spending, up from 34.6 in 2011. Staff pay was 37% 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 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 Art Club'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