Morris Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 1,508,106 | 2,341,519 | −833,413 | 185.9 | 44% |
| 2014 | 2,406,514 | 2,389,644 | 16,870 | 177.5 | 46% |
| 2015 | 1,394,365 | 2,411,943 | −1,017,578 | 166.6 | 48% |
| 2016 | 1,331,394 | 2,640,488 | −1,309,094 | 149.5 | 43% |
| 2017 | 2,535,135 | 2,323,273 | 211,862 | 175.0 | 48% |
| 2018 | 6,265,159 | 2,451,863 | 3,813,296 | 181.7 | 39% |
| 2019 | 2,057,141 | 1,733,778 | 323,363 | 267.4 | 52% |
| 2020 | 587,401 | 1,518,767 | −931,366 | 306.4 | 58% |
| 2021 | 1,573,093 | 1,454,151 | 118,942 | 324.7 | 59% |
| 2022 | 163,125 | 1,560,423 | −1,397,298 | 282.6 | 58% |
| 2023 | 2,398,114 | 1,517,048 | 881,066 | 307.1 | 58% |
In its most recent public year (2023), this organization brought in $881,066 more than it spent. Its reserves stood at about 307.1 months of spending, up from 185.9 in 2013. Staff pay was 58% of spending. $190,917 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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