Fine Arts Museums Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 21,535,198 | 11,123,723 | 10,411,475 | 349.3 | 1% |
| 2012 | 24,636,094 | 12,580,496 | 12,055,598 | 313.4 | 1% |
| 2013 | 9,737,797 | 13,388,917 | −3,651,120 | 294.5 | 0% |
| 2014 | 21,033,387 | 13,656,754 | 7,376,633 | 301.8 | 1% |
| 2015 | 14,456,923 | 12,197,162 | 2,259,761 | 329.3 | 0% |
| 2016 | 8,363,789 | 11,551,260 | −3,187,471 | 337.2 | 0% |
| 2017 | 5,427,538 | 15,794,175 | −10,366,637 | 233.9 | 0% |
| 2018 | 33,956,895 | 21,693,286 | 12,263,609 | 165.5 | 0% |
| 2019 | 20,892,383 | 14,924,790 | 5,967,593 | 246.9 | 0% |
| 2020 | 1,528,655 | 16,500,288 | −14,971,633 | 213.3 | 0% |
| 2021 | 10,807,404 | 16,421,375 | −5,613,971 | 238.1 | 0% |
| 2022 | 17,172,075 | 16,636,814 | 535,261 | 208.2 | 0% |
| 2023 | 21,999,032 | 32,434,900 | −10,435,868 | 109.4 | 0% |
In its most recent public year (2023), this organization spent $10,435,868 more than it brought in. Its reserves stood at about 109.4 months of spending, down from 349.3 in 2011. Staff pay was 0% of spending. $142,948,420 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
Fine Arts Museums 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