Boulder Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 146,697 | 7,530 | 139,167 | 239.9 | — |
| 2019 | 9,801 | 10,768 | −967 | 175.6 | — |
| 2020 | 7,878 | 23,289 | −15,411 | 73.2 | — |
| 2021 | 12,723 | 24,532 | −11,809 | 70.9 | — |
| 2022 | 26,545 | 22,670 | 3,875 | 78.8 | — |
In its most recent public year (2022), this organization brought in $3,875 more than it spent. Its reserves stood at about 78.8 months of spending, down from 239.9 in 2018.
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 2022. 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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