Seattle Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 40,718,032 | 36,078,506 | 4,639,526 | 86.7 | 26% |
| 2012 | 24,515,342 | 35,426,154 | −10,910,812 | 81.6 | 25% |
| 2013 | 39,300,038 | 31,810,370 | 7,489,668 | 95.4 | 29% |
| 2014 | 37,411,666 | 32,694,982 | 4,716,684 | 98.8 | 33% |
| 2015 | 54,114,729 | 30,714,587 | 23,400,142 | 110.8 | 32% |
| 2016 | 43,750,299 | 36,829,685 | 6,920,614 | 92.5 | 29% |
| 2017 | 38,169,891 | 38,076,158 | 93,733 | 92.1 | 31% |
| 2018 | 55,154,902 | 34,242,056 | 20,912,846 | 114.2 | 35% |
| 2019 | 33,298,935 | 34,023,591 | −724,656 | 116.4 | 36% |
| 2020 | 41,617,097 | 37,276,366 | 4,340,731 | 107.3 | 36% |
| 2021 | 33,858,158 | 26,498,531 | 7,359,627 | 173.2 | 36% |
| 2022 | 67,181,210 | 55,546,110 | 11,635,100 | 79.9 | 23% |
| 2023 | 29,985,574 | 37,143,988 | −7,158,414 | 120.9 | 41% |
In its most recent public year (2023), this organization spent $7,158,414 more than it brought in. Its reserves stood at about 120.9 months of spending, up from 86.7 in 2011. Staff pay was 41% of spending. $223,889,550 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
Seattle Art Museum'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