Montgomery Museum Of Fine Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 576,574 | 1,643,268 | −1,066,694 | 137.6 | 21% |
| 2011 | 1,079,450 | 5,006,911 | −3,927,461 | 35.2 | 7% |
| 2012 | 3,167,400 | 2,206,381 | 961,019 | 85.6 | 20% |
| 2013 | 2,759,203 | 1,804,927 | 954,276 | 111.0 | 31% |
| 2014 | 4,578,184 | 1,613,488 | 2,964,696 | 145.4 | 28% |
| 2015 | 2,604,297 | 6,250,685 | −3,646,388 | 28.2 | 9% |
| 2016 | 1,033,082 | 1,579,867 | −546,785 | 115.2 | 36% |
| 2017 | 1,761,715 | 4,024,783 | −2,263,068 | 40.1 | 13% |
| 2018 | 1,814,218 | 3,445,561 | −1,631,343 | 43.4 | 14% |
| 2019 | 2,129,841 | 1,499,319 | 630,522 | 99.8 | 32% |
| 2020 | 1,625,620 | 1,541,633 | 83,987 | 99.0 | 31% |
| 2021 | 2,387,013 | 2,002,014 | 384,999 | 84.9 | 25% |
| 2022 | 2,048,734 | 1,756,682 | 292,052 | 85.1 | 30% |
| 2023 | 2,207,367 | 1,454,377 | 752,990 | 118.4 | 35% |
In its most recent public year (2023), this organization brought in $752,990 more than it spent. Its reserves stood at about 118.4 months of spending, down from 137.6 in 2010. Staff pay was 35% of spending. $6,554,456 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
Montgomery Museum Of Fine Arts Association'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