Asheville Art Museum Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,114,967 | 948,663 | 166,304 | 70.0 | 44% |
| 2012 | 1,993,117 | 972,266 | 1,020,851 | 80.9 | 47% |
| 2013 | 1,847,285 | 1,166,675 | 680,610 | 74.4 | 48% |
| 2014 | 1,708,897 | 1,355,497 | 353,400 | 68.9 | 46% |
| 2015 | 3,862,505 | 1,458,369 | 2,404,136 | 83.9 | 45% |
| 2016 | 1,684,176 | 1,508,214 | 175,962 | 82.5 | 43% |
| 2017 | 3,640,246 | 1,512,910 | 2,127,336 | 99.1 | 46% |
| 2018 | 8,071,355 | 1,731,598 | 6,339,757 | 130.5 | 39% |
| 2019 | 4,547,714 | 1,741,152 | 2,806,562 | 149.2 | 45% |
| 2020 | 6,171,367 | 2,500,339 | 3,671,028 | 121.5 | 37% |
| 2021 | 8,810,292 | 2,611,615 | 6,198,677 | 144.7 | 35% |
| 2022 | 3,167,007 | 2,894,429 | 272,578 | 124.5 | 38% |
| 2023 | 1,770,786 | 3,322,273 | −1,551,487 | 107.4 | 37% |
In its most recent public year (2023), this organization spent $1,551,487 more than it brought in. Its reserves stood at about 107.4 months of spending, up from 70 in 2011. Staff pay was 37% of spending. $7,733,293 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
Asheville Art Museum Association 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