The Baltimore Watercolor Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,331 | 42,599 | 6,732 | 18.6 | — |
| 2012 | 43,788 | 43,793 | −5 | 18.0 | — |
| 2013 | 52,599 | 59,259 | −6,660 | 12.0 | — |
| 2014 | 42,642 | 51,298 | −8,656 | 11.8 | — |
| 2015 | 67,665 | 59,595 | 8,070 | 11.8 | — |
| 2016 | 62,172 | 59,499 | 2,673 | 12.3 | — |
| 2017 | 69,192 | 59,622 | 9,570 | 14.2 | — |
| 2018 | 72,140 | 73,720 | −1,580 | 11.3 | — |
| 2019 | 74,696 | 72,136 | 2,560 | 11.9 | — |
| 2020 | 37,736 | 29,858 | 7,878 | 32.0 | — |
| 2021 | 57,541 | 55,958 | 1,583 | 17.4 | — |
| 2022 | 60,687 | 61,585 | −898 | 15.6 | — |
| 2023 | 86,922 | 71,556 | 15,366 | 16.0 | — |
In its most recent public year (2023), this organization brought in $15,366 more than it spent. Its reserves stood at about 16 months of spending, down from 18.6 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
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