Norton Museum Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,881,284 | 10,867,783 | −1,986,499 | 80.6 | 31% |
| 2012 | 5,770,891 | 11,571,652 | −5,800,761 | 79.8 | 28% |
| 2013 | 6,698,922 | 11,730,130 | −5,031,208 | 80.7 | 30% |
| 2014 | 34,651,793 | 11,180,434 | 23,471,359 | 114.9 | 32% |
| 2015 | 22,423,723 | 11,881,246 | 10,542,477 | 113.8 | 35% |
| 2016 | 22,314,878 | 13,042,329 | 9,272,549 | 116.2 | 33% |
| 2017 | 18,049,487 | 13,115,172 | 4,934,315 | 108.3 | 31% |
| 2018 | 53,817,839 | 11,965,378 | 41,852,461 | 163.4 | 36% |
| 2019 | 16,816,679 | 19,613,695 | −2,797,016 | 98.6 | 28% |
| 2020 | 19,331,252 | 17,611,993 | 1,719,259 | 111.7 | 29% |
| 2021 | 26,618,274 | 14,602,096 | 12,016,178 | 155.8 | 30% |
| 2022 | 29,356,493 | 19,142,121 | 10,214,372 | 117.3 | 30% |
| 2023 | 60,306,263 | 22,453,908 | 37,852,355 | 124.6 | 29% |
In its most recent public year (2023), this organization brought in $37,852,355 more than it spent. Its reserves stood at about 124.6 months of spending, up from 80.6 in 2011. Staff pay was 29% of spending. $107,112,690 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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