Sharron Millers Academy For The Performing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 699,936 | 745,768 | −45,832 | -2.2 | 52% |
| 2021 | 701,047 | 499,891 | 201,156 | 1.8 | 37% |
| 2022 | 1,077,731 | 737,627 | 340,104 | 6.8 | 46% |
| 2023 | 694,797 | 755,974 | −61,177 | 5.6 | 47% |
| 2024 | 693,036 | 788,781 | −95,745 | 3.9 | 46% |
In its most recent public year (2024), this organization spent $95,745 more than it brought in. Its reserves stood at about 3.9 months of spending, up from -2.2 in 2020. Staff pay was 46% of spending. $107,854 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 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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