Richmond Museum Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 124,002 | 122,126 | 1,876 | 11.1 | 18% |
| 2011 | 1,329,434 | 1,349,140 | −19,706 | 0.8 | 2% |
| 2012 | 172,342 | 171,593 | 749 | 95.1 | 17% |
| 2013 | 191,484 | 189,159 | 2,325 | 86.4 | 16% |
| 2014 | 121,248 | 263,382 | −142,134 | 59.0 | 14% |
| 2015 | 268,498 | 221,260 | 47,238 | 72.7 | 20% |
| 2016 | 629,214 | 683,406 | −54,192 | 21.4 | 7% |
| 2017 | 309,620 | 301,000 | 8,620 | 48.8 | 15% |
| 2018 | 259,898 | 441,041 | −181,143 | 28.8 | 18% |
| 2019 | 248,929 | 379,198 | −130,269 | 29.4 | 13% |
| 2020 | 195,610 | 337,518 | −141,908 | 28.0 | 21% |
| 2021 | 213,643 | 273,029 | −59,386 | 32.0 | 15% |
| 2022 | 126,636 | 239,861 | −113,225 | 30.1 | 17% |
| 2023 | 297,518 | 259,201 | 38,317 | 26.1 | 26% |
In its most recent public year (2023), this organization brought in $38,317 more than it spent. Its reserves stood at about 26.1 months of spending, up from 11.1 in 2010. Staff pay was 26% of spending. $37,738 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
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