Armory Arts And Music Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 253,133 | 114,072 | 139,061 | 34.5 | 0% |
| 2012 | 1,108,521 | 129,283 | 979,238 | 148.2 | 0% |
| 2013 | 56,585 | 140,321 | −83,736 | 129.3 | 0% |
| 2014 | 426,177 | 137,681 | 288,496 | 163.9 | 0% |
| 2015 | 260,813 | 138,712 | 122,101 | 173.2 | 0% |
| 2016 | 172,219 | 163,550 | 8,669 | 148.0 | 31% |
| 2017 | 54,686 | 136,218 | −81,532 | 177.4 | 39% |
| 2018 | 1,656,989 | 136,440 | 1,520,549 | 312.0 | 43% |
| 2019 | 431,837 | 160,599 | 271,238 | 285.4 | 41% |
| 2020 | 88,931 | 120,459 | −31,528 | 377.3 | 49% |
| 2021 | 198,495 | 143,477 | 55,018 | 321.4 | 37% |
| 2022 | 548,238 | 151,824 | 396,414 | 335.3 | 41% |
| 2023 | 2,557,903 | 341,996 | 2,215,907 | 226.6 | 47% |
In its most recent public year (2023), this organization brought in $2,215,907 more than it spent. Its reserves stood at about 226.6 months of spending, up from 34.5 in 2011. Staff pay was 47% 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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