The Fine Arts Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 8,505 | 11,529 | −3,024 | 0.4 | 64% |
| 2011 | 12,943 | 14,144 | −1,201 | 0.0 | 7% |
| 2012 | 15,100 | 12,655 | 2,445 | 2.4 | 0% |
| 2013 | 10,430 | 11,118 | −688 | 1.9 | 0% |
| 2014 | 13,725 | 13,244 | 481 | 2.1 | 0% |
| 2015 | 18,203 | 14,064 | 4,139 | 5.5 | 0% |
| 2016 | 13,401 | 13,179 | 222 | 6.0 | 0% |
| 2017 | 59,468 | 62,931 | −3,463 | 0.6 | 0% |
| 2018 | 34,166 | 35,523 | −1,357 | 3.8 | 0% |
| 2019 | 61,813 | 51,602 | 10,211 | 5.0 | 0% |
| 2020 | 123,640 | 27,039 | 96,601 | 48.0 | 0% |
| 2021 | 121,904 | 97,178 | 24,726 | 16.4 | 0% |
| 2022 | 48,465 | 47,191 | 1,274 | 39.7 | 0% |
| 2023 | 35,998 | 45,611 | −9,613 | 38.6 | 10% |
In its most recent public year (2023), this organization spent $9,613 more than it brought in. Its reserves stood at about 38.6 months of spending, up from 0.4 in 2010. Staff pay was 10% 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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