Center For Art Research And Alliances Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 210,003 | 183,031 | 26,972 | 1.8 | 12% |
| 2018 | 610,014 | 268,096 | 341,918 | 16.5 | 39% |
| 2019 | 65,086 | 290,471 | −225,385 | 5.9 | 42% |
| 2020 | 526,159 | 439,807 | 86,352 | 6.3 | 38% |
| 2021 | 2,146,733 | 953,997 | 1,192,736 | 82.9 | 43% |
| 2022 | 1,994,425 | 2,117,629 | −123,204 | 37.1 | 35% |
| 2023 | 2,773,320 | 2,524,256 | 249,064 | 29.9 | 37% |
In its most recent public year (2023), this organization brought in $249,064 more than it spent. Its reserves stood at about 29.9 months of spending, up from 1.8 in 2017. Staff pay was 37% of spending. $5,633,132 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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