Tacoma Art Museum Tacoma Wa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 4,295,378 | 5,720,426 | −1,425,048 | 135.0 | 37% |
| 2020 | 3,629,291 | 5,565,599 | −1,936,308 | 132.1 | 39% |
| 2021 | 4,980,313 | 5,125,452 | −145,139 | 156.9 | 38% |
| 2022 | 8,108,662 | 7,043,148 | 1,065,514 | 100.9 | 36% |
| 2023 | 1,269,509 | 6,239,359 | −4,969,850 | 112.8 | 38% |
In its most recent public year (2023), this organization spent $4,969,850 more than it brought in. Its reserves stood at about 112.8 months of spending, down from 135 in 2019. Staff pay was 38% of spending. $23,733,894 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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