Bakersfield Art Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 797,640 | 884,102 | −86,462 | 49.2 | 43% |
| 2012 | 731,223 | 908,912 | −177,689 | 44.6 | 50% |
| 2013 | 841,857 | 937,211 | −95,354 | 41.6 | 43% |
| 2014 | 654,817 | 887,049 | −232,232 | 41.8 | 46% |
| 2015 | 762,671 | 790,177 | −27,506 | 46.2 | 49% |
| 2016 | 945,846 | 989,203 | −43,357 | 35.0 | 47% |
| 2017 | 934,639 | 1,042,980 | −108,341 | 32.3 | 45% |
| 2018 | 946,130 | 951,142 | −5,012 | 36.1 | 44% |
| 2019 | 833,008 | 846,056 | −13,048 | 40.4 | 54% |
| 2020 | 886,609 | 937,898 | −51,289 | 35.9 | 43% |
| 2021 | 718,279 | 815,806 | −97,527 | 41.7 | 62% |
| 2022 | 1,099,730 | 871,905 | 227,825 | 36.3 | 46% |
| 2023 | 1,027,337 | 1,133,943 | −106,606 | 26.4 | 58% |
In its most recent public year (2023), this organization spent $106,606 more than it brought in. Its reserves stood at about 26.4 months of spending, down from 49.2 in 2011. Staff pay was 58% of spending. $5,000 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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