Center For Photographic Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 397,449 | 268,932 | 128,517 | 38.6 | 46% |
| 2021 | 504,672 | 371,495 | 133,177 | 33.9 | 35% |
| 2022 | 532,732 | 425,486 | 107,246 | 28.0 | 34% |
| 2023 | 677,415 | 502,234 | 175,181 | 28.5 | 32% |
In its most recent public year (2023), this organization brought in $175,181 more than it spent. Its reserves stood at about 28.5 months of spending, down from 38.6 in 2020. Staff pay was 32% of spending. $309,051 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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