Wharton Institute For The Performing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,246,715 | 1,317,551 | −70,836 | 1.9 | 53% |
| 2012 | 1,152,120 | 1,400,084 | −247,964 | -0.4 | 56% |
| 2013 | 2,012,439 | 2,090,773 | −78,334 | -0.1 | 55% |
| 2014 | 2,238,366 | 2,309,270 | −70,904 | -0.5 | 59% |
| 2015 | 2,755,041 | 2,630,776 | 124,265 | 0.2 | 55% |
| 2016 | 2,850,086 | 2,994,829 | −144,743 | -0.5 | 58% |
| 2017 | 2,879,722 | 2,953,702 | −73,980 | -0.9 | 60% |
| 2018 | 4,109,415 | 3,494,180 | 615,235 | 1.3 | 50% |
| 2019 | 2,715,535 | 3,313,874 | −598,339 | -0.8 | 55% |
| 2020 | 3,295,860 | 3,132,832 | 163,028 | -0.2 | 59% |
| 2021 | 3,350,269 | 3,042,199 | 308,070 | 0.9 | 57% |
| 2022 | 4,061,176 | 3,663,074 | 398,102 | 2.0 | 54% |
| 2023 | 3,664,698 | 4,562,829 | −898,131 | -0.7 | 53% |
In its most recent public year (2023), this organization spent $898,131 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.7 months), down from 1.9 in 2011. Staff pay was 53% of spending. $357,133 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
Wharton Institute For The Performing 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