Ifetayo Cultural Arts Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,315,211 | 1,360,099 | −44,888 | 9.3 | 47% |
| 2012 | 1,049,710 | 1,372,259 | −322,549 | 6.4 | 53% |
| 2013 | 1,271,720 | 1,024,451 | 247,269 | 11.4 | 64% |
| 2014 | 1,189,786 | 1,192,815 | −3,029 | 8.7 | 52% |
| 2015 | 1,111,463 | 1,210,193 | −98,730 | 7.5 | 65% |
| 2016 | 1,008,042 | 994,057 | 13,985 | 9.3 | 69% |
| 2017 | 1,069,672 | 978,845 | 90,827 | 10.6 | 66% |
| 2018 | 1,152,454 | 1,217,001 | −64,547 | 10.6 | 67% |
| 2019 | 856,862 | 1,122,842 | −265,980 | 8.6 | 62% |
| 2020 | 782,340 | 816,893 | −34,553 | 12.1 | 54% |
| 2021 | 859,827 | 807,975 | 51,852 | 13.0 | 67% |
| 2022 | 1,030,384 | 727,928 | 302,456 | 19.4 | 58% |
| 2023 | 1,129,926 | 1,098,131 | 31,795 | 13.8 | 49% |
In its most recent public year (2023), this organization brought in $31,795 more than it spent. Its reserves stood at about 13.8 months of spending, up from 9.3 in 2011. Staff pay was 49% of spending. $555,000 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
Ifetayo Cultural Arts Academy Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works