Palm Springs Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,563,957 | 8,578,384 | 8,985,573 | 93.6 | 40% |
| 2012 | 9,943,358 | 9,771,175 | 172,183 | 34.2 | 40% |
| 2013 | 18,252,734 | 11,375,538 | 6,877,196 | 36.1 | 38% |
| 2014 | 18,425,365 | 12,619,499 | 5,805,866 | 38.4 | 33% |
| 2015 | 10,558,312 | 11,896,451 | −1,338,139 | 38.4 | 36% |
| 2016 | 9,030,573 | 10,866,016 | −1,835,443 | 40.8 | 41% |
| 2017 | 8,562,081 | 12,050,122 | −3,488,041 | 33.7 | 41% |
| 2018 | 10,534,575 | 11,600,486 | −1,065,911 | 32.2 | 44% |
| 2019 | 12,584,409 | 10,846,533 | 1,737,876 | 36.8 | 43% |
| 2020 | 7,936,058 | 8,719,320 | −783,262 | 45.2 | 46% |
| 2021 | 11,070,079 | 6,746,218 | 4,323,861 | 70.1 | 43% |
| 2022 | 8,917,182 | 9,047,525 | −130,343 | 46.2 | 45% |
In its most recent public year (2022), this organization spent $130,343 more than it brought in. Its reserves stood at about 46.2 months of spending, down from 93.6 in 2011. Staff pay was 45% of spending. $25,189,825 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 2022. 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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