Performing Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 125,660 | 120,026 | 5,634 | 1.2 | 27% |
| 2014 | 192,554 | 180,422 | 12,132 | 1.6 | 32% |
| 2015 | 309,794 | 217,129 | 92,665 | 6.5 | 33% |
| 2016 | 342,787 | 338,156 | 4,631 | 4.3 | 37% |
| 2017 | 422,860 | 411,115 | 11,745 | 3.9 | 40% |
| 2018 | 492,592 | 485,864 | 6,728 | 3.5 | 43% |
| 2019 | 575,844 | 531,572 | 44,272 | 4.2 | 44% |
| 2020 | 576,325 | 528,257 | 48,068 | 5.3 | 51% |
| 2021 | 854,339 | 751,673 | 102,666 | 5.3 | 41% |
| 2022 | 1,082,453 | 1,020,362 | 62,091 | 4.7 | 39% |
| 2023 | 1,268,207 | 1,128,091 | 140,116 | 5.7 | 35% |
In its most recent public year (2023), this organization brought in $140,116 more than it spent. Its reserves stood at about 5.7 months of spending, up from 1.2 in 2013. Staff pay was 35% of spending. $239,472 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
Performing Arts Academy'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