Gertrude Herbert Art Endowment Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 19,418 | 8,207 | 11,211 | 1040.5 | 0% |
| 2013 | 98,087 | 8,353 | 89,734 | 1151.2 | 0% |
| 2014 | 37,715 | 10,436 | 27,279 | 1055.5 | 0% |
| 2015 | 57,794 | 60,944 | −3,150 | 173.0 | 0% |
| 2016 | 26,432 | 25,740 | 692 | 398.5 | 0% |
| 2017 | 39,021 | 11,245 | 27,776 | 1015.5 | 0% |
| 2018 | 75,979 | 12,390 | 63,589 | 975.5 | 0% |
| 2019 | 46,878 | 12,831 | 34,047 | 996.4 | 0% |
| 2020 | 66,628 | 23,708 | 42,920 | 549.4 | 0% |
| 2021 | 151,003 | 114,960 | 36,043 | 129.5 | 0% |
| 2022 | 158,170 | 52,801 | 105,369 | 229.6 | 0% |
| 2023 | 69,232 | 51,705 | 17,527 | 256.1 | 0% |
In its most recent public year (2023), this organization brought in $17,527 more than it spent. Its reserves stood at about 256.1 months of spending, down from 1040.5 in 2012. Staff pay was 0% of spending. $1,103,481 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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