American Friends Of The Louvre Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,194,218 | 2,062,541 | 1,131,677 | 53.7 | 21% |
| 2021 | 4,946,706 | 4,693,999 | 252,707 | 27.9 | 9% |
| 2022 | 3,317,532 | 1,946,794 | 1,370,738 | 67.0 | 23% |
| 2023 | 2,783,711 | 2,784,406 | −695 | 51.9 | 16% |
In its most recent public year (2023), this organization spent $695 more than it brought in. Its reserves stood at about 51.9 months of spending, down from 53.7 in 2020. Staff pay was 16% of spending. $4,132,766 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
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