Pennsylvania Academy Of The Fine Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,648,589 | 18,382,955 | −734,366 | 36.7 | 32% |
| 2012 | 18,310,531 | 19,631,188 | −1,320,657 | 31.5 | 31% |
| 2013 | 16,622,377 | 18,175,739 | −1,553,362 | 34.0 | 33% |
| 2014 | 18,386,019 | 19,112,673 | −726,654 | 52.6 | 34% |
| 2015 | 23,346,888 | 19,621,847 | 3,725,041 | 51.1 | 35% |
| 2016 | 20,631,734 | 21,413,672 | −781,938 | 45.0 | 34% |
| 2017 | 22,766,730 | 22,956,868 | −190,138 | 43.7 | 33% |
| 2018 | 31,573,568 | 22,527,331 | 9,046,237 | 46.6 | 33% |
| 2019 | 29,598,782 | 23,987,212 | 5,611,570 | 47.2 | 34% |
| 2020 | 22,318,727 | 23,718,821 | −1,400,094 | 45.5 | 33% |
| 2021 | 20,470,730 | 20,510,213 | −39,483 | 60.8 | 34% |
| 2022 | 21,075,014 | 21,441,289 | −366,275 | 51.1 | 32% |
| 2023 | 17,455,345 | 21,905,254 | −4,449,909 | 50.1 | 32% |
| 2024 | 17,523,271 | 21,217,409 | −3,694,138 | 51.7 | 29% |
In its most recent public year (2024), this organization spent $3,694,138 more than it brought in. Its reserves stood at about 51.7 months of spending, up from 36.7 in 2011. Staff pay was 29% of spending. $47,265,644 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
Pennsylvania Academy Of The Fine Arts's IRS filings as a feed — one entry per filing year, through 2024. 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