Riverside Art Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 552,608 | 816,812 | −264,204 | 42.4 | 42% |
| 2012 | 532,974 | 700,326 | −167,352 | 46.8 | 46% |
| 2013 | 875,982 | 706,458 | 169,524 | 49.1 | 42% |
| 2014 | 803,252 | 801,654 | 1,598 | 43.4 | 34% |
| 2015 | 886,099 | 995,336 | −109,237 | 33.4 | 33% |
| 2016 | 1,821,465 | 1,187,207 | 634,258 | 26.3 | 40% |
| 2017 | 1,281,991 | 1,395,167 | −113,176 | 21.5 | 43% |
| 2018 | 2,621,295 | 1,528,378 | 1,092,917 | 28.2 | 33% |
| 2019 | 2,915,051 | 1,654,790 | 1,260,261 | 35.4 | 47% |
| 2020 | 2,681,733 | 1,454,627 | 1,227,106 | 51.1 | 50% |
| 2021 | 1,944,723 | 1,292,165 | 652,558 | 64.4 | 45% |
| 2022 | 3,545,715 | 4,765,976 | −1,220,261 | 13.9 | 26% |
| 2023 | 4,497,885 | 4,840,169 | −342,284 | 13.1 | 36% |
In its most recent public year (2023), this organization spent $342,284 more than it brought in. Its reserves stood at about 13.1 months of spending, down from 42.4 in 2011. Staff pay was 36% of spending. $1,941,800 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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