Friends Of Materials For The Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 327,784 | 269,817 | 57,967 | 34.8 | 42% |
| 2012 | 346,285 | 344,629 | 1,656 | 27.3 | 38% |
| 2013 | 399,041 | 498,731 | −99,690 | 16.5 | 34% |
| 2014 | 407,311 | 451,622 | −44,311 | 17.0 | 39% |
| 2015 | 502,282 | 530,425 | −28,143 | 13.8 | 29% |
| 2016 | 539,553 | 509,374 | 30,179 | 15.1 | 21% |
| 2017 | 658,373 | 576,626 | 81,747 | 15.0 | 19% |
| 2018 | 577,518 | 554,118 | 23,400 | 16.1 | 29% |
| 2019 | 688,122 | 658,075 | 30,047 | 13.8 | 31% |
| 2020 | 632,038 | 569,593 | 62,445 | 16.6 | 31% |
| 2021 | 309,109 | 445,630 | −136,521 | 19.7 | 35% |
| 2022 | 740,140 | 600,417 | 139,723 | 16.2 | 32% |
| 2023 | 748,262 | 675,637 | 72,625 | 16.0 | 39% |
In its most recent public year (2023), this organization brought in $72,625 more than it spent. Its reserves stood at about 16 months of spending, down from 34.8 in 2011. Staff pay was 39% of spending. $44,110 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
Friends Of Materials For The Arts Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works