Milton Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 72,309,351 | 60,436,114 | 11,873,237 | 44.9 | 34% |
| 2012 | 64,467,646 | 61,139,705 | 3,327,941 | 41.6 | 35% |
| 2013 | 59,065,747 | 62,831,670 | −3,765,923 | 44.8 | 35% |
| 2014 | 74,010,816 | 65,064,175 | 8,946,641 | 51.1 | 35% |
| 2015 | 82,529,930 | 67,126,054 | 15,403,876 | 52.6 | 35% |
| 2016 | 76,519,464 | 70,140,001 | 6,379,463 | 48.6 | 37% |
| 2017 | 93,596,764 | 73,849,053 | 19,747,711 | 51.7 | 36% |
| 2018 | 87,947,597 | 77,576,701 | 10,370,896 | 53.5 | 36% |
| 2019 | 89,874,906 | 78,797,388 | 11,077,518 | 53.0 | 37% |
| 2020 | 105,691,036 | 80,690,297 | 25,000,739 | 54.1 | 37% |
| 2021 | 105,004,685 | 83,560,459 | 21,444,226 | 63.1 | 38% |
| 2022 | 116,547,638 | 90,543,037 | 26,004,601 | 54.6 | 35% |
| 2023 | 86,198,742 | 95,321,635 | −9,122,893 | 54.0 | 35% |
In its most recent public year (2023), this organization spent $9,122,893 more than it brought in. Its reserves stood at about 54 months of spending, up from 44.9 in 2011. Staff pay was 35% of spending. $363,896,836 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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