Denver Art Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,931,515 | 4,119,732 | 1,811,783 | 308.1 | 0% |
| 2012 | 4,268,940 | 4,509,735 | −240,795 | 297.1 | 0% |
| 2013 | 5,907,991 | 4,887,610 | 1,020,381 | 290.3 | 0% |
| 2014 | 4,350,937 | 5,313,675 | −962,738 | 282.3 | 0% |
| 2015 | 13,376,262 | 5,570,831 | 7,805,431 | 270.5 | 0% |
| 2016 | 9,382,191 | 5,828,032 | 3,554,159 | 256.0 | 0% |
| 2017 | 6,371,495 | 6,051,506 | 319,989 | 260.4 | 0% |
| 2018 | 9,812,655 | 6,249,846 | 3,562,809 | 257.1 | 0% |
| 2019 | 2,729,321 | 6,406,615 | −3,677,294 | 247.1 | 0% |
| 2020 | 2,967,016 | 6,475,835 | −3,508,819 | 256.2 | 0% |
| 2021 | 33,249,188 | 7,049,396 | 26,199,792 | 329.9 | 0% |
| 2022 | 12,869,847 | 7,698,780 | 5,171,067 | 235.3 | 0% |
| 2023 | 4,223,274 | 8,266,767 | −4,043,493 | 233.6 | 0% |
In its most recent public year (2023), this organization spent $4,043,493 more than it brought in. Its reserves stood at about 233.6 months of spending, down from 308.1 in 2011. Staff pay was 0% of spending. $159,143,750 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
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