Valley Art Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,454 | 90,458 | 17,996 | 62.4 | — |
| 2012 | 106,420 | 105,916 | 504 | 53.4 | — |
| 2013 | 115,658 | 104,581 | 11,077 | 55.3 | — |
| 2014 | 94,375 | 93,394 | 981 | 65.2 | 0% |
| 2015 | 36,699 | 45,113 | −8,414 | 82.2 | 0% |
| 2016 | 52,006 | 36,182 | 15,824 | 103.9 | 0% |
| 2017 | 70,951 | 39,660 | 31,291 | 108.3 | 0% |
| 2018 | 102,214 | 45,594 | 56,620 | 109.3 | 0% |
| 2019 | 47,448 | 46,447 | 1,001 | 111.7 | 0% |
| 2020 | 30,698 | 44,329 | −13,631 | 115.9 | 0% |
| 2021 | 58,867 | 45,613 | 13,254 | 124.4 | 5% |
| 2022 | 67,313 | 74,816 | −7,503 | 67.8 | 24% |
| 2023 | 65,074 | 90,959 | −25,885 | 51.6 | 35% |
| 2024 | 76,290 | 88,274 | −11,984 | 51.9 | 37% |
In its most recent public year (2024), this organization spent $11,984 more than it brought in. Its reserves stood at about 51.9 months of spending, down from 62.4 in 2011. Staff pay was 37% of spending. $4,556 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 2024. 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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