Multnomah Art Center Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 109,259 | 93,692 | 15,567 | 33.8 | — |
| 2021 | 140,921 | 81,525 | 59,396 | 47.5 | — |
| 2022 | 100,517 | 86,914 | 13,603 | 43.5 | — |
| 2023 | 120,593 | 94,510 | 26,083 | 45.9 | — |
In its most recent public year (2023), this organization brought in $26,083 more than it spent. Its reserves stood at about 45.9 months of spending, up from 33.8 in 2020.
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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