Royal Academy Of Dancing
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 318,264 | 315,061 | 3,203 | 2.7 | 41% |
| 2022 | 544,618 | 459,257 | 85,361 | 4.1 | 29% |
| 2023 | 516,024 | 476,453 | 39,571 | 4.9 | 26% |
| 2024 | 561,089 | 554,134 | 6,955 | 4.4 | 23% |
In its most recent public year (2024), this organization brought in $6,955 more than it spent. Its reserves stood at about 4.4 months of spending, up from 2.7 in 2021. Staff pay was 23% 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 2024. 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
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