Performing Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 102,051 | 108,751 | −6,700 | 0.7 | — |
| 2012 | 129,522 | 124,249 | 5,273 | 1.2 | — |
| 2013 | 109,936 | 110,664 | −728 | 1.2 | — |
| 2014 | 103,735 | 107,976 | −4,241 | 1.1 | — |
| 2015 | 1,122,891 | 214,207 | 908,684 | 51.4 | 7% |
| 2016 | 409,877 | 284,694 | 125,183 | 44.0 | 5% |
| 2017 | 304,555 | 330,475 | −25,920 | 37.2 | 8% |
| 2018 | 364,483 | 305,514 | 58,969 | 42.6 | 11% |
| 2019 | 362,287 | 334,433 | 27,854 | 39.9 | 11% |
| 2020 | 374,609 | 352,793 | 21,816 | 38.8 | 9% |
| 2021 | 479,857 | 240,087 | 239,770 | 68.9 | 17% |
| 2022 | 242,382 | 249,328 | −6,946 | 65.9 | 16% |
| 2023 | 358,911 | 339,942 | 18,969 | 49.0 | 10% |
In its most recent public year (2023), this organization brought in $18,969 more than it spent. Its reserves stood at about 49 months of spending, up from 0.7 in 2011. Staff pay was 10% 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 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
Performing Arts Academy'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