Art Academy Of Cincinnati
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,859,140 | 6,466,794 | −1,607,654 | 21.0 | 30% |
| 2012 | 5,565,270 | 6,345,173 | −779,903 | 10.2 | 30% |
| 2013 | 5,657,906 | 6,283,099 | −625,193 | 10.2 | 30% |
| 2014 | 6,188,942 | 6,118,172 | 70,770 | 10.2 | 28% |
| 2015 | 6,282,173 | 6,256,893 | 25,280 | 10.1 | 30% |
| 2016 | 6,400,356 | 6,341,161 | 59,195 | 9.9 | 31% |
| 2017 | 6,280,800 | 6,414,537 | −133,737 | 9.9 | 32% |
| 2018 | 6,398,153 | 6,654,084 | −255,931 | 9.1 | 34% |
| 2019 | 7,395,349 | 7,350,801 | 44,548 | 8.0 | 28% |
| 2020 | 8,615,681 | 7,821,874 | 793,807 | 8.5 | 30% |
| 2021 | 9,643,906 | 8,937,756 | 706,150 | 9.0 | 30% |
| 2022 | 9,495,180 | 9,906,292 | −411,112 | 7.1 | 31% |
| 2023 | 11,227,828 | 10,838,046 | 389,782 | 7.0 | 33% |
In its most recent public year (2023), this organization brought in $389,782 more than it spent. Its reserves stood at about 7 months of spending, down from 21 in 2011. Staff pay was 33% of spending. $2,532,458 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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