Modern School Of Fashion And Design Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 555,658 | 544,614 | 11,044 | 18.2 | 46% |
| 2013 | 522,902 | 564,451 | −41,549 | 18.4 | 45% |
| 2014 | 452,146 | 510,398 | −58,252 | 20.7 | 43% |
| 2015 | 449,701 | 502,748 | −53,047 | 20.6 | 43% |
| 2016 | 383,473 | 504,699 | −121,226 | 16.7 | 45% |
| 2017 | 441,078 | 542,221 | −101,143 | 14.3 | 44% |
| 2018 | 588,601 | 581,914 | 6,687 | 13.4 | 51% |
| 2019 | 592,639 | 572,536 | 20,103 | 13.4 | 56% |
| 2020 | 441,507 | 571,064 | −129,557 | 10.9 | 60% |
| 2021 | 305,306 | 418,717 | −113,411 | 14.2 | 64% |
| 2022 | 347,291 | 300,869 | 46,422 | 17.6 | 49% |
| 2023 | 7,241,219 | 666,402 | 6,574,817 | 125.9 | 39% |
In its most recent public year (2023), this organization brought in $6,574,817 more than it spent. Its reserves stood at about 125.9 months of spending, up from 18.2 in 2012. Staff pay was 39% of spending. $130,862 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
Modern School Of Fashion And Design Inc'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