Portland Metro Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 330,537 | 407,760 | −77,223 | -6.0 | 40% |
| 2021 | 234,121 | 224,100 | 10,021 | -10.3 | 32% |
| 2022 | 527,557 | 340,653 | 186,904 | -0.2 | 45% |
| 2023 | 414,813 | 417,397 | −2,584 | -0.3 | 48% |
In its most recent public year (2023), this organization spent $2,584 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), up from -6 in 2020. Staff pay was 48% of spending.
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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