American Friends Of The Art Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,032 | 67,952 | 58,080 | 21.6 | 0% |
| 2012 | 821,427 | 789,833 | 31,594 | 2.3 | 0% |
| 2013 | 885,216 | 462,531 | 422,685 | 15.0 | 0% |
| 2014 | 557,049 | 886,734 | −329,685 | 3.3 | 0% |
| 2015 | 459,304 | 644,310 | −185,006 | 1.2 | 0% |
| 2016 | 357,873 | 343,973 | 13,900 | 2.6 | 0% |
| 2017 | 489,013 | 549,157 | −60,144 | 0.3 | 0% |
| 2018 | 773,180 | 362,534 | 410,646 | 14.1 | 0% |
| 2019 | 374,149 | 512,818 | −138,669 | 6.7 | 0% |
| 2020 | 965,024 | 108,658 | 856,366 | 126.4 | 0% |
| 2021 | 2,058,151 | 1,132,599 | 925,552 | 21.9 | 0% |
| 2022 | 326,864 | 2,198,166 | −1,871,302 | 1.1 | 0% |
| 2023 | 924,860 | 64,264 | 860,596 | 197.7 | 0% |
In its most recent public year (2023), this organization brought in $860,596 more than it spent. Its reserves stood at about 197.7 months of spending, up from 21.6 in 2011. Staff pay was 0% 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
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