Portland Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 27,542,215 | 22,341,023 | 5,201,192 | 78.4 | 36% |
| 2021 | 22,345,406 | 15,609,721 | 6,735,685 | 126.8 | 37% |
| 2022 | 49,745,421 | 18,953,232 | 30,792,189 | 117.9 | 40% |
| 2023 | 29,727,698 | 21,661,651 | 8,066,047 | 110.3 | 44% |
In its most recent public year (2023), this organization brought in $8,066,047 more than it spent. Its reserves stood at about 110.3 months of spending, up from 78.4 in 2020. Staff pay was 44% of spending. $135,346,665 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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