The Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,822,234 | 1,623,139 | 199,095 | 2.1 | 47% |
| 2012 | 2,182,335 | 2,064,656 | 117,679 | 2.3 | 49% |
| 2013 | 2,109,066 | 2,159,393 | −50,327 | 1.8 | 50% |
| 2014 | 2,289,937 | 2,274,453 | 15,484 | 1.8 | 46% |
| 2016 | 5,721,687 | 4,595,706 | 1,125,981 | 0.2 | 51% |
| 2017 | 4,851,397 | 5,324,559 | −473,162 | -0.4 | 43% |
| 2018 | 7,785,909 | 8,117,578 | −331,669 | -0.8 | 55% |
| 2019 | 9,649,509 | 10,084,416 | −434,907 | -2.4 | 47% |
| 2020 | 10,707,685 | 11,302,057 | −594,372 | -2.8 | 48% |
| 2021 | 11,745,768 | 12,108,121 | −362,353 | -2.9 | 46% |
| 2022 | 10,895,047 | 11,044,612 | −149,565 | -3.4 | 53% |
| 2023 | 11,627,140 | 11,449,125 | 178,015 | -3.1 | 53% |
In its most recent public year (2023), this organization brought in $178,015 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-3.1 months), down from 2.1 in 2011. Staff pay was 53% of spending.
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
The Academy'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