Wadsworth Atheneum Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 15,147,902 | 13,052,555 | 2,095,347 | 149.9 | 33% |
| 2022 | 6,568,708 | 14,356,373 | −7,787,665 | 113.8 | 28% |
| 2023 | 10,944,489 | 18,812,412 | −7,867,923 | 86.4 | 25% |
In its most recent public year (2023), this organization spent $7,867,923 more than it brought in. Its reserves stood at about 86.4 months of spending, down from 149.9 in 2021. Staff pay was 25% of spending. $112,510,173 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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