Palo Alto Art Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,430,465 | 2,088,492 | 341,973 | 8.3 | 7% |
| 2012 | 689,329 | 678,071 | 11,258 | 25.9 | 25% |
| 2013 | 730,817 | 1,670,913 | −940,096 | 3.8 | 7% |
| 2014 | 696,335 | 728,266 | −31,931 | 8.1 | 20% |
| 2015 | 1,030,977 | 919,282 | 111,695 | 7.9 | 22% |
| 2016 | 863,117 | 898,366 | −35,249 | 7.6 | 24% |
| 2017 | 989,841 | 778,213 | 211,628 | 12.0 | 27% |
| 2018 | 579,953 | 716,691 | −136,738 | 10.7 | 28% |
| 2019 | 773,045 | 786,847 | −13,802 | 9.6 | 25% |
| 2020 | 1,194,573 | 932,355 | 262,218 | 11.4 | 21% |
| 2021 | 979,550 | 738,959 | 240,591 | 18.4 | 30% |
| 2022 | 1,069,968 | 910,622 | 159,346 | 16.6 | 26% |
| 2023 | 1,483,157 | 1,171,750 | 311,407 | 16.1 | 25% |
In its most recent public year (2023), this organization brought in $311,407 more than it spent. Its reserves stood at about 16.1 months of spending, up from 8.3 in 2011. Staff pay was 25% of spending. $339,334 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
Palo Alto Art Center Foundation'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