Chicago Academy For The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,488,158 | 3,507,569 | −19,411 | 4.1 | 49% |
| 2012 | 3,872,544 | 4,002,656 | −130,112 | 3.2 | 47% |
| 2013 | 3,989,601 | 4,200,403 | −210,802 | 2.5 | 46% |
| 2014 | 4,258,841 | 4,233,002 | 25,839 | 2.8 | 45% |
| 2015 | 4,486,062 | 4,367,286 | 118,776 | 2.9 | 42% |
| 2016 | 4,738,202 | 4,646,816 | 91,386 | 2.7 | 42% |
| 2017 | 5,178,567 | 4,957,054 | 221,513 | 3.1 | 40% |
| 2018 | 5,205,991 | 4,953,906 | 252,085 | 3.7 | 44% |
| 2019 | 5,230,175 | 5,200,948 | 29,227 | 3.5 | 44% |
| 2020 | 5,531,277 | 5,296,651 | 234,626 | 4.0 | 47% |
| 2021 | 6,255,209 | 5,548,555 | 706,654 | 5.5 | 48% |
| 2022 | 5,242,240 | 5,689,539 | −447,299 | 4.1 | 47% |
| 2023 | 5,922,251 | 6,183,574 | −261,323 | 3.4 | 44% |
In its most recent public year (2023), this organization spent $261,323 more than it brought in. Its reserves stood at about 3.4 months of spending. Staff pay was 44% of spending. $859,931 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
Chicago Academy For The Arts'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