Silvermine Guild Of Artists Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,582,117 | 1,553,928 | 28,189 | 9.8 | 52% |
| 2022 | 2,496,150 | 2,030,915 | 465,235 | 10.1 | 50% |
| 2023 | 2,343,456 | 2,249,669 | 93,787 | 9.7 | 55% |
| 2024 | 2,319,386 | 2,285,357 | 34,029 | 9.8 | 58% |
In its most recent public year (2024), this organization brought in $34,029 more than it spent. Its reserves stood at about 9.8 months of spending. Staff pay was 58% of spending. $446,697 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 2024. 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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