Tucson Museum Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,263,730 | 3,271,159 | 1,992,571 | 36.1 | 40% |
| 2021 | 3,630,412 | 2,803,402 | 827,010 | 47.2 | 43% |
| 2022 | 3,556,270 | 3,582,852 | −26,582 | 35.0 | 35% |
| 2023 | 3,515,673 | 3,788,764 | −273,091 | 32.7 | 39% |
In its most recent public year (2023), this organization spent $273,091 more than it brought in. Its reserves stood at about 32.7 months of spending, down from 36.1 in 2020. Staff pay was 39% of spending. $4,084,464 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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