Financial Information for Salem Art Association

Salem Art Association's annual revenue was $795K in tax year 2024, reported on their IRS Form 990. They spent $827K in total expenses. 70% went to programs and services.

Financial Breakdown

What is Salem Art Association's total annual expenses?

Salem Art Association spent $827K in tax year 2024, according to their IRS Form 990 filing.

How much of Salem Art Association's budget goes to programs?

Salem Art Association spent $576K (70% of expenses) on programs and services in tax year 2024.

How much does Salem Art Association spend on overhead?

Salem Art Association's overhead in tax year 2024 includes administrative (14%) and fundraising (17%) of their expenses.

What is Salem Art Association's net worth?

Salem Art Association had net assets of $492K as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.