Classical Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,795,152 | 5,705,996 | 89,156 | 3.0 | 52% |
| 2012 | 5,916,256 | 5,540,240 | 376,016 | 3.9 | 51% |
| 2013 | 6,366,929 | 5,981,477 | 385,452 | 4.4 | 52% |
| 2014 | 7,827,481 | 7,367,004 | 460,477 | 4.3 | 47% |
| 2015 | 10,849,159 | 10,696,720 | 152,439 | 3.5 | 38% |
| 2016 | 13,005,332 | 11,673,837 | 1,331,495 | 4.4 | 40% |
| 2017 | 13,024,339 | 12,733,838 | 290,501 | 4.3 | 42% |
| 2018 | 13,757,363 | 14,501,389 | −744,026 | 3.2 | 44% |
| 2019 | 31,292,144 | 29,126,750 | 2,165,394 | 3.3 | 48% |
| 2020 | 31,931,456 | 29,929,296 | 2,002,160 | 4.0 | 54% |
| 2021 | 34,177,017 | 32,295,312 | 1,881,705 | 4.4 | 54% |
| 2022 | 41,486,182 | 40,832,245 | 653,937 | 3.6 | 51% |
| 2023 | 74,789,984 | 70,122,826 | 4,667,158 | 4.6 | 49% |
In its most recent public year (2023), this organization brought in $4,667,158 more than it spent. Its reserves stood at about 4.6 months of spending, up from 3 in 2011. Staff pay was 49% 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
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