Boise Art Museum Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 1,351,396 | 1,108,810 | 242,586 | 46.9 | 60% |
| 2022 | 1,848,103 | 1,080,915 | 767,188 | 53.6 | 54% |
| 2023 | 1,776,534 | 1,446,978 | 329,556 | 42.4 | 53% |
| 2024 | 2,025,957 | 1,842,796 | 183,161 | 35.9 | 49% |
In its most recent public year (2024), this organization brought in $183,161 more than it spent. Its reserves stood at about 35.9 months of spending, down from 46.9 in 2021. Staff pay was 49% of spending. $1,339,801 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 2024. 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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