National Academy Of Design
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,498,344 | 4,524,578 | −26,234 | 69.1 | 46% |
| 2012 | 3,877,610 | 6,152,399 | −2,274,789 | 44.7 | 38% |
| 2013 | 4,574,104 | 6,292,580 | −1,718,476 | 40.6 | 39% |
| 2014 | 5,040,786 | 7,346,035 | −2,305,249 | 32.0 | 33% |
| 2015 | 6,376,204 | 6,207,648 | 168,556 | 37.3 | 38% |
| 2016 | 3,032,677 | 5,724,555 | −2,691,878 | 34.5 | 42% |
| 2017 | 2,853,200 | 4,058,007 | −1,204,807 | 47.6 | 41% |
| 2018 | 24,188,161 | 4,051,482 | 20,136,679 | 108.1 | 26% |
| 2019 | 45,789,426 | 2,804,181 | 42,985,245 | 348.0 | 31% |
| 2020 | 1,639,224 | 2,120,265 | −481,041 | 454.4 | 30% |
| 2021 | 3,515,152 | 2,730,397 | 784,755 | 409.6 | 29% |
| 2022 | 4,754,677 | 3,567,295 | 1,187,382 | 256.9 | 33% |
| 2023 | 1,381,967 | 3,338,656 | −1,956,689 | 292.1 | 36% |
In its most recent public year (2023), this organization spent $1,956,689 more than it brought in. Its reserves stood at about 292.1 months of spending, up from 69.1 in 2011. Staff pay was 36% of spending. $15,371,189 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
National Academy Of Design'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