Ormond Memorial Art Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 260,112 | 227,726 | 32,386 | 45.1 | 50% |
| 2013 | 258,715 | 222,450 | 36,265 | 49.9 | 57% |
| 2014 | 287,408 | 243,340 | 44,068 | 48.1 | 52% |
| 2015 | 326,529 | 273,380 | 53,149 | 42.9 | 52% |
| 2016 | 300,220 | 294,552 | 5,668 | 41.8 | 57% |
| 2017 | 310,766 | 277,510 | 33,256 | 48.8 | 59% |
| 2018 | 598,835 | 309,138 | 289,697 | 55.7 | 57% |
| 2019 | 409,698 | 317,826 | 91,872 | 56.3 | 57% |
| 2020 | 2,749,644 | 303,052 | 2,446,592 | 156.0 | 65% |
| 2021 | 1,621,401 | 334,315 | 1,287,086 | 192.7 | 59% |
| 2022 | 930,928 | 463,195 | 467,733 | 143.7 | 49% |
| 2023 | 688,520 | 651,918 | 36,602 | 103.9 | 44% |
In its most recent public year (2023), this organization brought in $36,602 more than it spent. Its reserves stood at about 103.9 months of spending, up from 45.1 in 2012. Staff pay was 44% of spending. $73,965 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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