everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Academy Center Of The Arts Inc

Lynchburg, VA / EIN 23-7061145 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20111,604,5741,259,406345,168153.839%
20121,187,1771,241,107−53,930156.433%
20132,751,6851,366,1581,385,527154.137%
20142,874,4511,276,7931,597,658180.741%
20156,579,4891,143,3185,436,171258.243%
201610,048,8911,395,2238,653,668286.539%
2017681,322420,810260,512978.340%
20185,816,3442,338,8863,477,458193.831%
20192,151,5691,874,503277,066245.735%
20202,114,6681,622,479492,189288.449%
20212,992,5351,497,1451,495,390326.438%
20222,173,0661,947,699225,367249.542%
20232,549,8672,736,266−186,399177.834%

In its most recent public year (2023), this organization spent $186,399 more than it brought in. Its reserves stood at about 177.8 months of spending, up from 153.8 in 2011. Staff pay was 34% of spending. $3,319,474 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

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