South Florida Art Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 957,943 | 1,033,758 | −75,815 | 26.1 | 47% |
| 2012 | 918,143 | 951,796 | −33,653 | 28.6 | 53% |
| 2013 | 941,267 | 1,055,012 | −113,745 | 24.9 | 42% |
| 2014 | 1,036,292 | 1,163,729 | −127,437 | 22.1 | 41% |
| 2015 | 86,059,578 | 1,379,333 | 84,680,245 | 727.4 | 39% |
| 2016 | 1,686,513 | 1,358,468 | 328,045 | 785.3 | 35% |
| 2017 | 3,271,370 | 2,044,558 | 1,226,812 | 570.5 | 20% |
| 2018 | 7,227,256 | 2,224,948 | 5,002,308 | 548.7 | 39% |
| 2019 | 4,156,429 | 3,846,304 | 310,125 | 317.9 | 29% |
| 2020 | 6,003,483 | 4,226,859 | 1,776,624 | 299.4 | 30% |
| 2021 | 4,483,318 | 4,025,048 | 458,270 | 343.8 | 32% |
| 2022 | 2,798,052 | 4,310,340 | −1,512,288 | 269.5 | 29% |
| 2023 | 3,458,201 | 4,279,686 | −821,485 | 290.4 | 32% |
In its most recent public year (2023), this organization spent $821,485 more than it brought in. Its reserves stood at about 290.4 months of spending, up from 26.1 in 2011. Staff pay was 32% of spending. $1,891,987 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
South Florida Art Center Inc'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