Pence Gallery Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 203,428 | 247,890 | −44,462 | 57.7 | 34% |
| 2012 | 242,854 | 260,334 | −17,480 | 54.4 | 33% |
| 2013 | 247,733 | 284,060 | −36,327 | 48.4 | 34% |
| 2014 | 266,851 | 308,428 | −41,577 | 43.7 | 33% |
| 2015 | 322,884 | 330,592 | −7,708 | 40.0 | 34% |
| 2016 | 390,161 | 326,779 | 63,382 | 42.7 | 34% |
| 2017 | 316,404 | 319,683 | −3,279 | 46.4 | 40% |
| 2018 | 394,076 | 345,681 | 48,395 | 44.7 | 42% |
| 2019 | 468,105 | 373,991 | 94,114 | 44.7 | 40% |
| 2020 | 519,408 | 535,071 | −15,663 | 31.9 | 33% |
| 2021 | 519,619 | 495,336 | 24,283 | 37.6 | 39% |
| 2022 | 513,640 | 531,675 | −18,035 | 33.1 | 43% |
| 2023 | 580,761 | 574,239 | 6,522 | 31.2 | 45% |
In its most recent public year (2023), this organization brought in $6,522 more than it spent. Its reserves stood at about 31.2 months of spending, down from 57.7 in 2011. Staff pay was 45% of spending. $3,000 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
Pence Gallery Association'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