Rhode Island Mayoral Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,836,344 | 3,762,158 | 74,186 | 0.3 | 67% |
| 2012 | 7,520,284 | 6,263,569 | 1,256,715 | 2.6 | 71% |
| 2013 | 10,556,752 | 9,771,496 | 785,256 | 2.6 | 55% |
| 2014 | 14,537,239 | 13,338,875 | 1,198,364 | 3.0 | 55% |
| 2015 | 17,313,464 | 17,177,688 | 135,776 | 2.4 | 54% |
| 2016 | 20,803,242 | 20,363,103 | 440,139 | 2.3 | 55% |
| 2017 | 23,223,829 | 21,680,906 | 1,542,923 | 3.0 | 57% |
| 2018 | 27,181,161 | 25,499,572 | 1,681,589 | 3.4 | 58% |
| 2019 | 28,963,125 | 28,974,984 | −11,859 | 3.0 | 58% |
| 2020 | 32,217,070 | 32,389,335 | −172,265 | 2.6 | 57% |
| 2021 | 33,979,012 | 33,566,125 | 412,887 | 2.6 | 57% |
| 2022 | 42,226,919 | 39,413,618 | 2,813,301 | 3.1 | 56% |
| 2023 | 42,137,345 | 43,014,662 | −877,317 | 2.6 | 54% |
In its most recent public year (2023), this organization spent $877,317 more than it brought in. Its reserves stood at about 2.6 months of spending, up from 0.3 in 2011. Staff pay was 54% of spending. $13,199 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
Rhode Island Mayoral 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