Taos Art Museum

Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$917,553
Contributions
72%
Other
13%
Program Services
9%
Investments
6%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$402,906
Salaries & Benefits
49%
Other
17%
Offices, Occupancy & IT
16%
Fees to Service Providers
8%
Depreciation
6%
Advertising & Promotion
4%
Interest
<1%
Grants
0%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$859,272
$661,106
-23%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$83,656
-
Membership Dues
$0
$0
-
Investments
$38,355
$54,658
+43%
Other
$210,653
$118,133
-44%
Total Revenues
$1,108,280
$917,553
-17%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$160,022
$195,892
+22%
Fees to Service Providers
$24,078
$32,476
+35%
Advertising & Promotion
$0
$17,345
-
Offices, Occupancy & IT
$70,345
$64,523
-8%
Interest
$14
$455
+3150%
Depreciation
$24,765
$25,562
+3%
Other
$166,880
$66,653
-60%
Total Expenses
$446,104
$402,906
-10%
Net income
2023
2024
Change
Net income
+$662,176
+$514,647
-22%
Functional Expenses
Summary
2023
2024
Change
Program
-
$209,756
-
Admin
-
$152,815
-
Fundraising
-
$40,335
-
Total Expenses
$446,104
$402,906
-10%
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