Friends Of School Of The Art Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 774,720 | 808,285 | −33,565 | 2.8 | 0% |
| 2012 | 987,759 | 910,309 | 77,450 | 3.5 | 0% |
| 2013 | 982,652 | 909,634 | 73,018 | 4.5 | 0% |
| 2014 | 1,099,480 | 1,103,774 | −4,294 | 3.6 | 4% |
| 2015 | 788,427 | 787,080 | 1,347 | 5.1 | 6% |
| 2016 | 767,865 | 813,119 | −45,254 | 4.3 | 6% |
| 2017 | 952,755 | 887,190 | 65,565 | 4.5 | 13% |
| 2018 | 931,332 | 1,029,311 | −97,979 | 2.8 | 9% |
| 2019 | 774,423 | 504,724 | 269,699 | 12.0 | 10% |
| 2020 | 65,616 | 119,895 | −54,279 | 45.2 | — |
| 2021 | 64,421 | 72,684 | −8,263 | 73.2 | — |
| 2022 | 109,129 | 125,076 | −15,947 | 40.6 | — |
| 2023 | 123,562 | 129,830 | −6,268 | 38.5 | — |
| 2024 | 209,015 | 250,126 | −41,111 | 19.7 | 0% |
In its most recent public year (2024), this organization spent $41,111 more than it brought in. Its reserves stood at about 19.7 months of spending, up from 2.8 in 2011. Staff pay was 0% of spending. $52,551 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 2024. 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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