Michelson Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 647,640 | 385,731 | 261,909 | 46.7 | 23% |
| 2012 | 187,798 | 188,944 | −1,146 | 102.5 | 46% |
| 2013 | 195,820 | 195,748 | 72 | 103.8 | 47% |
| 2014 | 185,588 | 184,979 | 609 | 118.5 | 48% |
| 2015 | 317,134 | 201,257 | 115,877 | 99.2 | 45% |
| 2016 | 151,073 | 184,486 | −33,413 | 112.4 | 51% |
| 2017 | 214,545 | 194,556 | 19,989 | 107.0 | 53% |
| 2018 | 259,052 | 183,081 | 75,971 | 112.6 | 60% |
| 2019 | 382,381 | 180,560 | 201,821 | 117.7 | 50% |
| 2020 | 204,237 | 176,451 | 27,786 | 116.3 | 50% |
| 2021 | 1,192,408 | 182,184 | 1,010,224 | 202.0 | 53% |
| 2022 | 221,571 | 222,441 | −870 | 163.0 | 44% |
| 2023 | 329,598 | 313,382 | 16,216 | 117.1 | 49% |
In its most recent public year (2023), this organization brought in $16,216 more than it spent. Its reserves stood at about 117.1 months of spending, up from 46.7 in 2011. Staff pay was 49% 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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