Mount Gretna School Of Art
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 452,283 | 146,536 | 305,747 | 69.9 | 32% |
| 2021 | 260,550 | 204,470 | 56,080 | 53.4 | 34% |
| 2022 | 205,672 | 223,724 | −18,052 | 47.8 | 36% |
| 2023 | 243,856 | 225,404 | 18,452 | 48.5 | 37% |
In its most recent public year (2023), this organization brought in $18,452 more than it spent. Its reserves stood at about 48.5 months of spending, down from 69.9 in 2020. Staff pay was 37% of spending. $2,597 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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