American Abstract Artists
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,790 | 10,929 | 1,861 | 56.4 | — |
| 2021 | 70,333 | 13,046 | 57,287 | 100.0 | — |
| 2022 | 23,985 | 19,559 | 4,426 | 69.4 | — |
| 2023 | 17,465 | 37,313 | −19,848 | 30.0 | — |
In its most recent public year (2023), this organization spent $19,848 more than it brought in. Its reserves stood at about 30 months of spending, down from 56.4 in 2020.
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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