Metropolitan Arts Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 875,526 | 944,036 | −68,510 | 2.2 | 19% |
| 2012 | 1,247,154 | 1,099,621 | 147,533 | 4.6 | 19% |
| 2013 | 1,298,854 | 1,076,247 | 222,607 | 6.6 | 22% |
| 2014 | 1,439,454 | 1,078,680 | 360,774 | 9.8 | 23% |
| 2015 | 1,480,349 | 1,120,702 | 359,647 | 11.8 | 24% |
| 2016 | 1,657,769 | 1,293,565 | 364,204 | 14.4 | 25% |
| 2017 | 2,001,405 | 1,529,879 | 471,526 | 16.4 | 22% |
| 2018 | 1,993,902 | 1,895,143 | 98,759 | 13.0 | 20% |
| 2019 | 1,950,132 | 1,945,483 | 4,649 | 13.9 | 20% |
| 2020 | 2,107,101 | 2,000,792 | 106,309 | 15.2 | 20% |
| 2021 | 2,105,516 | 1,577,504 | 528,012 | 24.3 | 29% |
| 2022 | 2,590,039 | 2,581,612 | 8,427 | 14.8 | 16% |
| 2023 | 3,926,858 | 2,685,578 | 1,241,280 | 20.9 | 19% |
In its most recent public year (2023), this organization brought in $1,241,280 more than it spent. Its reserves stood at about 20.9 months of spending, up from 2.2 in 2011. Staff pay was 19% of spending. $1,549,575 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
Metropolitan Arts Council'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