The Redmond Academy Of Theatre Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 81,276 | 78,910 | 2,366 | 0.4 | 5% |
| 2014 | 116,004 | 111,450 | 4,554 | 0.7 | 17% |
| 2015 | 161,298 | 159,427 | 1,871 | 0.7 | — |
| 2016 | 202,966 | 190,969 | 11,997 | 1.3 | 25% |
| 2017 | 253,572 | 257,042 | −3,470 | 0.8 | 34% |
| 2018 | 296,351 | 288,203 | 8,148 | 1.1 | 32% |
| 2019 | 332,456 | 323,110 | 9,346 | 1.3 | 29% |
| 2020 | 244,564 | 282,014 | −37,450 | 0.3 | 42% |
| 2021 | 369,352 | 385,330 | −15,978 | -0.3 | 24% |
| 2022 | 516,534 | 552,751 | −36,217 | -1.0 | 17% |
| 2023 | 692,365 | 670,745 | 21,620 | -1.0 | 18% |
In its most recent public year (2023), this organization brought in $21,620 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 0.4 in 2013. Staff pay was 18% of spending.
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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