The Piedmont Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 495,751 | 829,339 | −333,588 | 45.4 | 37% |
| 2012 | 568,366 | 815,407 | −247,041 | 42.9 | 38% |
| 2013 | 302,837 | 772,606 | −469,769 | 38.8 | 38% |
| 2014 | 606,405 | 662,208 | −55,803 | 45.6 | 36% |
| 2015 | 474,505 | 643,797 | −169,292 | 43.4 | 36% |
| 2016 | 454,931 | 558,201 | −103,270 | 47.7 | 39% |
| 2017 | 479,445 | 522,212 | −42,767 | 50.5 | 40% |
| 2018 | 489,153 | 489,671 | −518 | 53.1 | 38% |
| 2019 | 501,365 | 464,347 | 37,018 | 57.4 | 40% |
| 2020 | 501,253 | 489,121 | 12,132 | 54.9 | 13% |
| 2021 | 848,605 | 470,036 | 378,569 | 69.5 | 40% |
| 2022 | 1,330,155 | 591,473 | 738,682 | 65.1 | 36% |
| 2023 | 834,512 | 588,699 | 245,813 | 71.2 | 40% |
| 2024 | 629,914 | 576,964 | 52,950 | 76.1 | 42% |
In its most recent public year (2024), this organization brought in $52,950 more than it spent. Its reserves stood at about 76.1 months of spending, up from 45.4 in 2011. Staff pay was 42% of spending. $1,506,108 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 2024. 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
The Piedmont Arts Association's IRS filings as a feed — one entry per filing year, through 2024. 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