Island Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 113,689 | 109,101 | 4,588 | 50.5 | 0% |
| 2012 | 129,600 | 100,975 | 28,625 | 57.9 | 0% |
| 2013 | 155,326 | 139,938 | 15,388 | 43.2 | 0% |
| 2014 | 147,822 | 147,680 | 142 | 40.9 | 0% |
| 2015 | 157,793 | 130,861 | 26,932 | 48.6 | 0% |
| 2016 | 176,145 | 141,601 | 34,544 | 47.9 | 0% |
| 2017 | 178,000 | 155,911 | 22,089 | 45.2 | 0% |
| 2018 | 199,393 | 150,008 | 49,385 | 50.7 | 0% |
| 2019 | 251,742 | 226,243 | 25,499 | 35.0 | 0% |
| 2020 | 112,802 | 128,276 | −15,474 | 60.2 | 0% |
| 2021 | 182,578 | 165,347 | 17,231 | 48.0 | 0% |
| 2022 | 259,728 | 214,398 | 45,330 | 39.5 | 0% |
| 2023 | 275,803 | 242,686 | 33,117 | 36.6 | 0% |
In its most recent public year (2023), this organization brought in $33,117 more than it spent. Its reserves stood at about 36.6 months of spending, down from 50.5 in 2011. Staff pay was 0% of spending.
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
Island Art Association'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