Corporation Of The Fine Arts Museums
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,113,660 | 39,723,518 | 2,390,142 | 2.4 | 33% |
| 2012 | 35,471,922 | 35,700,292 | −228,370 | 1.0 | 36% |
| 2013 | 35,473,531 | 37,709,381 | −2,235,850 | 0.8 | 35% |
| 2014 | 40,525,012 | 40,304,342 | 220,670 | 0.8 | 36% |
| 2015 | 34,882,536 | 38,101,150 | −3,218,614 | -0.4 | 40% |
| 2016 | 37,360,365 | 43,582,858 | −6,222,493 | -3.0 | 38% |
| 2017 | 44,825,425 | 41,989,328 | 2,836,097 | -1.5 | 42% |
| 2018 | 50,387,070 | 41,415,997 | 8,971,073 | 2.1 | 44% |
| 2019 | 62,436,696 | 59,120,342 | 3,316,354 | 1.6 | 32% |
| 2020 | 39,483,146 | 42,796,366 | −3,313,220 | 0.1 | 49% |
| 2021 | 33,204,233 | 35,584,335 | −2,380,102 | 1.1 | 42% |
| 2022 | 51,320,559 | 44,902,201 | 6,418,358 | 2.9 | 46% |
| 2023 | 54,270,467 | 58,086,414 | −3,815,947 | 1.8 | 44% |
In its most recent public year (2023), this organization spent $3,815,947 more than it brought in. Its reserves stood at about 1.8 months of spending. Staff pay was 44% of spending. $10,802,495 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
Corporation Of The Fine Arts Museums'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