Prescott Fine Arts Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 309,206 | 366,963 | −57,757 | 27.8 | 25% |
| 2012 | 365,025 | 358,725 | 6,300 | 28.7 | 26% |
| 2013 | 405,646 | 434,358 | −28,712 | 20.0 | 25% |
| 2014 | 383,950 | 432,774 | −48,824 | 18.7 | 28% |
| 2015 | 392,379 | 451,561 | −59,182 | 16.3 | 31% |
| 2016 | 519,642 | 453,652 | 65,990 | 18.0 | 33% |
| 2017 | 409,868 | 495,651 | −85,783 | 14.4 | 37% |
| 2018 | 484,859 | 603,032 | −118,173 | 9.5 | 37% |
| 2019 | 708,486 | 744,179 | −35,693 | 7.1 | 33% |
| 2020 | 433,184 | 547,825 | −114,641 | 7.1 | 36% |
| 2021 | 3,305,822 | 577,300 | 2,728,522 | 63.5 | 41% |
| 2022 | 495,875 | 628,032 | −132,157 | 55.6 | 44% |
| 2023 | −2,221,836 | 797,091 | −3,018,927 | -1.7 | 37% |
In its most recent public year (2023), this organization spent $3,018,927 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.7 months), down from 27.8 in 2011. Staff pay was 37% of spending. $3,750 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
Prescott Fine Arts Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works