Vero Beach Museum Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,257,802 | 4,150,824 | 2,106,978 | 80.9 | 46% |
| 2012 | 4,973,077 | 4,505,359 | 467,718 | 75.7 | 45% |
| 2013 | 5,469,480 | 4,887,905 | 581,575 | 73.9 | 6% |
| 2014 | 6,542,295 | 5,118,482 | 1,423,813 | 77.1 | 6% |
| 2015 | 18,073,726 | 5,456,959 | 12,616,767 | 98.2 | 6% |
| 2016 | 8,251,321 | 6,402,452 | 1,848,869 | 85.0 | 5% |
| 2017 | 6,836,141 | 5,645,222 | 1,190,919 | 102.1 | 8% |
| 2018 | 5,747,470 | 5,916,078 | −168,608 | 100.9 | 6% |
| 2019 | 6,437,616 | 7,705,657 | −1,268,041 | 74.6 | 5% |
| 2020 | 6,826,269 | 5,959,291 | 866,978 | 94.6 | 6% |
| 2021 | 8,493,938 | 5,232,869 | 3,261,069 | 136.0 | 7% |
| 2022 | 9,784,623 | 6,004,461 | 3,780,162 | 111.6 | 7% |
| 2023 | 21,826,442 | 6,742,571 | 15,083,871 | 129.0 | 7% |
In its most recent public year (2023), this organization brought in $15,083,871 more than it spent. Its reserves stood at about 129 months of spending, up from 80.9 in 2011. Staff pay was 7% of spending. $50,136,183 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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