Rockport Art Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 717,953 | 651,470 | 66,483 | 35.4 | 34% |
| 2012 | 650,746 | 625,426 | 25,320 | 38.7 | 39% |
| 2013 | 672,202 | 637,223 | 34,979 | 39.7 | 11% |
| 2014 | 676,628 | 658,922 | 17,706 | 38.9 | 10% |
| 2015 | 737,469 | 690,588 | 46,881 | 36.8 | 10% |
| 2016 | 811,627 | 821,576 | −9,949 | 30.8 | 9% |
| 2017 | 1,729,018 | 746,507 | 982,511 | 50.5 | 11% |
| 2018 | 4,474,465 | 867,048 | 3,607,417 | 91.4 | 26% |
| 2019 | 6,187,983 | 901,953 | 5,286,030 | 159.6 | 31% |
| 2020 | 834,026 | 1,511,535 | −677,509 | 89.8 | 21% |
| 2021 | 1,924,520 | 1,204,629 | 719,891 | 124.8 | 26% |
| 2022 | 2,804,710 | 1,182,235 | 1,622,475 | 137.6 | 29% |
| 2023 | 2,096,994 | 1,690,225 | 406,769 | 100.7 | 22% |
In its most recent public year (2023), this organization brought in $406,769 more than it spent. Its reserves stood at about 100.7 months of spending, up from 35.4 in 2011. Staff pay was 22% of spending. $3,654,432 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
Rockport 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