Vermont Center For Photography
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 48,048 | 49,718 | −1,670 | 2.9 | — |
| 2019 | 85,187 | 63,696 | 21,491 | 6.3 | — |
| 2020 | 89,471 | 84,622 | 4,849 | 5.3 | — |
| 2021 | 172,287 | 97,309 | 74,978 | 14.0 | 34% |
| 2022 | 130,472 | 140,773 | −10,301 | 8.7 | 43% |
| 2023 | 139,603 | 137,699 | 1,904 | 9.0 | 44% |
In its most recent public year (2023), this organization brought in $1,904 more than it spent. Its reserves stood at about 9 months of spending, up from 2.9 in 2018. Staff pay was 44% of spending.
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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