Newport News Public Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 375,582 | 277,230 | 98,352 | 12.9 | 17% |
| 2012 | 172,493 | 215,566 | −43,073 | 14.2 | 38% |
| 2013 | 296,610 | 380,515 | −83,905 | 5.4 | 21% |
| 2014 | 142,141 | 123,612 | 18,529 | 18.3 | 65% |
| 2015 | 157,691 | 178,737 | −21,046 | 11.3 | 2% |
| 2016 | 165,998 | 58,527 | 107,471 | 35.2 | 0% |
| 2017 | 146,779 | 108,201 | 38,578 | 34.4 | 32% |
| 2018 | 67,000 | 77,608 | −10,608 | 46.3 | 3% |
| 2019 | 135,242 | 152,155 | −16,913 | 22.3 | 37% |
| 2020 | 139,177 | 208,888 | −69,711 | 12.2 | — |
| 2021 | 165,498 | 151,982 | 13,516 | 17.9 | — |
| 2022 | 170,935 | 165,820 | 5,115 | 16.8 | — |
| 2023 | 128,610 | 126,100 | 2,510 | 22.3 | — |
In its most recent public year (2023), this organization brought in $2,510 more than it spent. Its reserves stood at about 22.3 months of spending, up from 12.9 in 2011.
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
Newport News Public Art Foundation'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