Merrimack Academy For Theperforming Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,300,686 | 1,292,763 | 7,923 | -0.7 | 19% |
| 2012 | 1,348,159 | 1,248,159 | 100,000 | 0.2 | 25% |
| 2013 | 957,825 | 934,938 | 22,887 | 0.6 | 18% |
| 2014 | 696,130 | 824,970 | −128,840 | -1.2 | 21% |
| 2015 | 755,355 | 773,985 | −18,630 | -1.6 | 25% |
| 2016 | 712,469 | 829,087 | −116,618 | -3.2 | 31% |
| 2017 | 848,227 | 869,180 | −20,953 | -3.3 | 32% |
| 2018 | 742,143 | 820,984 | −78,841 | -4.7 | 33% |
| 2019 | 803,152 | 865,498 | −62,346 | -5.3 | 33% |
| 2020 | 567,694 | 557,258 | 10,436 | -8.0 | 33% |
| 2021 | 975,365 | 582,486 | 392,879 | 0.5 | 34% |
| 2022 | 598,831 | 617,366 | −18,535 | 0.1 | 34% |
| 2023 | 659,183 | 719,869 | −60,686 | -0.9 | 31% |
In its most recent public year (2023), this organization spent $60,686 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.9 months). Staff pay was 31% 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
Merrimack Academy For Theperforming Arts 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