Studio Arts College International Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,061,671 | 5,679,226 | −617,555 | 8.3 | 36% |
| 2012 | 5,480,823 | 5,810,773 | −329,950 | 6.3 | 36% |
| 2013 | 4,768,307 | 4,970,799 | −202,492 | 7.4 | 34% |
| 2014 | 5,038,028 | 5,229,517 | −191,489 | 6.6 | 32% |
| 2015 | 5,811,391 | 4,971,988 | 839,403 | 7.4 | 33% |
| 2016 | 5,796,122 | 5,295,175 | 500,947 | 8.1 | 35% |
| 2018 | 5,237,891 | 5,665,359 | −427,468 | 7.7 | 37% |
| 2019 | 6,185,351 | 5,954,279 | 231,072 | 6.6 | 35% |
| 2020 | 5,493,654 | 5,333,136 | 160,518 | 7.7 | 39% |
| 2021 | 529,411 | 2,305,553 | −1,776,142 | 8.7 | 33% |
| 2022 | 52,931 | 1,858,924 | −1,805,993 | -1.1 | 25% |
| 2023 | 161,404 | 640,270 | −478,866 | -12.8 | 0% |
In its most recent public year (2023), this organization spent $478,866 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.8 months), down from 8.3 in 2011. Staff pay was 0% of spending. $8,449 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
Studio Arts College International 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