Washington Art Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 294,795 | 314,052 | −19,257 | 14.2 | 34% |
| 2012 | 277,167 | 284,659 | −7,492 | 16.3 | 32% |
| 2013 | 293,105 | 298,992 | −5,887 | 16.5 | 28% |
| 2014 | 341,155 | 318,863 | 22,292 | 16.3 | 28% |
| 2015 | 307,393 | 284,517 | 22,876 | 18.5 | 34% |
| 2016 | 282,945 | 277,032 | 5,913 | 19.2 | 39% |
| 2017 | 445,590 | 317,818 | 127,772 | 23.2 | 38% |
| 2018 | 387,138 | 362,113 | 25,025 | 23.2 | 34% |
| 2019 | 457,319 | 394,183 | 63,136 | 24.5 | 26% |
| 2020 | 270,884 | 285,351 | −14,467 | 35.7 | 36% |
| 2021 | 743,429 | 332,844 | 410,585 | 43.6 | 36% |
| 2022 | 1,249,188 | 457,522 | 791,666 | 50.8 | 36% |
| 2023 | 1,065,824 | 424,432 | 641,392 | 73.4 | 34% |
In its most recent public year (2023), this organization brought in $641,392 more than it spent. Its reserves stood at about 73.4 months of spending, up from 14.2 in 2011. Staff pay was 34% 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
Washington Art Association 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