Petersen Automotive Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 12,979,755 | 19,181,920 | −6,202,165 | 98.7 | 32% |
| 2021 | 7,730,255 | 5,324,266 | 2,405,989 | 376.5 | 34% |
| 2022 | 27,055,446 | 23,999,947 | 3,055,499 | 80.5 | 33% |
| 2023 | 25,097,609 | 25,688,572 | −590,963 | 77.8 | 37% |
In its most recent public year (2023), this organization spent $590,963 more than it brought in. Its reserves stood at about 77.8 months of spending, down from 98.7 in 2020. Staff pay was 37% of spending. $20,178,650 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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