Gray Area Foundation For The Arts
Income Statement
Fiscal Year Start:
Jan 1
Data visualization unavailable
Revenues in 2024
$6,365,999
Program Services
N/A
Contributions
N/A
Government Grants
N/A
Membership Dues
N/A
Investments
N/A
Fundraising Events
N/A
Expenses in 2024
$6,810,035
Fees to Service Providers
50%
Salaries & Benefits
33%
Other
7%
Offices, Occupancy & IT
6%
Grants
2%
Advertising & Promotion
1%
Interest
<1%
Depreciation
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$1,319,287
$551,134
-58%
Government Grants
$357,506
$418,020
+17%
Fundraising Events
$0
$0
-
Program Services
$4,981,718
$5,382,041
+8%
Membership Dues
$37,635
$25,637
-32%
Investments
$3,712
$1,724
-54%
Other
-$5,985
-$12,557
+110%
Total Revenues
$6,693,873
$6,365,999
-5%
Expenses
2023
2024
Change
Grants
$15,120
$112,325
+643%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,950,724
$2,248,520
+15%
Fees to Service Providers
$3,910,389
$3,389,020
-13%
Advertising & Promotion
$88,463
$80,823
-9%
Offices, Occupancy & IT
$447,768
$431,471
-4%
Interest
$23,634
$25,953
+10%
Depreciation
$29,115
$21,703
-25%
Other
$530,049
$500,220
-6%
Total Expenses
$6,995,262
$6,810,035
-3%
Net income
2023
2024
Change
Net income
-$301,389
-$444,036
-47%
Functional Expenses
Summary
2023
2024
Change
Program
$6,702,193
$6,459,043
-4%
Admin
$236,011
$292,877
+24%
Fundraising
$57,058
$58,115
+2%
Total Expenses
$6,995,262
$6,810,035
-3%
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