Denver Art Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,671,591 | 26,685,502 | 986,089 | 11.9 | 39% |
| 2012 | 48,383,171 | 28,886,663 | 19,496,508 | 16.4 | 36% |
| 2013 | 34,338,656 | 29,531,147 | 4,807,509 | 17.5 | 38% |
| 2014 | 75,293,274 | 35,681,991 | 39,611,283 | 14.8 | 33% |
| 2015 | 56,291,430 | 33,256,043 | 23,035,387 | 23.7 | 39% |
| 2016 | 45,629,102 | 37,637,706 | 7,991,396 | 23.2 | 40% |
| 2017 | 81,748,064 | 41,996,799 | 39,751,265 | 32.5 | 39% |
| 2018 | 73,973,603 | 36,045,340 | 37,928,263 | 50.4 | 44% |
| 2019 | 62,962,532 | 36,039,468 | 26,923,064 | 59.4 | 48% |
| 2020 | 50,720,002 | 43,947,885 | 6,772,117 | 50.7 | 45% |
| 2021 | 74,103,698 | 71,680,408 | 2,423,290 | 31.6 | 24% |
| 2022 | 57,180,332 | 49,505,633 | 7,674,699 | 47.3 | 42% |
| 2023 | 44,734,320 | 53,112,181 | −8,377,861 | 42.3 | 46% |
In its most recent public year (2023), this organization spent $8,377,861 more than it brought in. Its reserves stood at about 42.3 months of spending, up from 11.9 in 2011. Staff pay was 46% of spending. $31,263,726 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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