Massachusetts Design Art & Technology Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 63,600 | 951 | 62,649 | 790.5 | — |
| 2018 | 230,122 | 118,651 | 111,471 | 21.2 | 32% |
| 2019 | 242,396 | 404,362 | −161,966 | 1.4 | 19% |
| 2020 | 242,795 | 264,812 | −22,017 | 1.6 | 31% |
| 2021 | 298,476 | 349,498 | −51,022 | 0.0 | 28% |
| 2022 | 474,881 | 332,948 | 141,933 | 5.2 | 41% |
| 2023 | 341,213 | 432,309 | −91,096 | 1.4 | 35% |
In its most recent public year (2023), this organization spent $91,096 more than it brought in. Its reserves stood at about 1.4 months of spending. Staff pay was 35% of spending. $26,023 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
Massachusetts Design Art & Technology Institute 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