Portland Institute For Contemporary Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,480,618 | 1,080,088 | 400,530 | 8.7 | 40% |
| 2012 | 1,633,149 | 1,279,849 | 353,300 | 10.6 | 38% |
| 2013 | 1,244,308 | 1,547,073 | −302,765 | 6.4 | 36% |
| 2014 | 1,877,956 | 1,345,579 | 532,377 | 12.2 | 37% |
| 2015 | 1,730,358 | 1,580,496 | 149,862 | 11.5 | 38% |
| 2016 | 1,288,120 | 1,770,542 | −482,422 | 7.3 | 4% |
| 2017 | 1,849,653 | 1,911,340 | −61,687 | 6.4 | 4% |
| 2018 | 783,069 | 654,133 | 128,936 | 21.1 | 5% |
| 2019 | 2,295,791 | 1,675,830 | 619,961 | 12.7 | 4% |
| 2020 | 1,514,631 | 1,781,126 | −266,495 | 10.1 | 39% |
| 2021 | 2,253,220 | 1,436,586 | 816,634 | 19.4 | 44% |
| 2022 | 2,056,196 | 1,742,472 | 313,724 | 18.1 | 39% |
| 2023 | 1,323,921 | 2,206,942 | −883,021 | 9.5 | 33% |
In its most recent public year (2023), this organization spent $883,021 more than it brought in. Its reserves stood at about 9.5 months of spending. Staff pay was 33% of spending. $1,303,900 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
Portland Institute For Contemporary Art's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works