Philadelphia Contemporary
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 428,598 | 102,568 | 326,030 | 38.1 | 52% |
| 2017 | 1,203,330 | 503,740 | 699,590 | 24.4 | 66% |
| 2018 | 1,538,187 | 1,655,832 | −117,645 | 6.6 | 36% |
| 2019 | 3,737,072 | 2,334,504 | 1,402,568 | 11.9 | 30% |
| 2020 | 2,783,508 | 2,148,339 | 635,169 | 16.5 | 40% |
| 2021 | 1,163,475 | 2,078,429 | −914,954 | 11.6 | 46% |
| 2022 | 1,233,472 | 2,637,635 | −1,404,163 | 2.7 | 39% |
| 2023 | 778,622 | 1,021,876 | −243,254 | 1.3 | 41% |
In its most recent public year (2023), this organization spent $243,254 more than it brought in. Its reserves stood at about 1.3 months of spending, down from 38.1 in 2016. Staff pay was 41% of spending. $89,527 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
Philadelphia Contemporary'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