The Metropolitan Center For The Visual Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 914,703 | 946,620 | −31,917 | 17.5 | 43% |
| 2012 | 1,374,351 | 1,157,944 | 216,407 | 16.6 | 28% |
| 2013 | 1,561,169 | 1,528,437 | 32,732 | 12.8 | 30% |
| 2014 | 1,420,363 | 1,608,942 | −188,579 | 10.8 | 42% |
| 2015 | 1,575,099 | 1,656,461 | −81,362 | 9.6 | 46% |
| 2016 | 1,517,891 | 1,815,259 | −297,368 | 6.8 | 50% |
| 2017 | 1,508,221 | 1,877,369 | −369,148 | 4.2 | 51% |
| 2018 | 2,076,363 | 2,160,493 | −84,130 | 3.2 | 52% |
| 2019 | 2,139,960 | 2,452,828 | −312,868 | 1.3 | 62% |
| 2021 | 2,141,511 | 1,885,167 | 256,344 | 3.8 | 57% |
| 2022 | 2,983,675 | 2,986,807 | −3,132 | 2.4 | 52% |
| 2023 | 2,933,546 | 3,241,624 | −308,078 | 1.1 | 55% |
In its most recent public year (2023), this organization spent $308,078 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 17.5 in 2011. Staff pay was 55% of spending. $164,814 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
The Metropolitan Center For The Visual Arts Inc'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