The Masters Apprentice
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 203,765 | 91,827 | 111,938 | 2.8 | 47% |
| 2015 | 91,762 | 59,095 | 32,667 | 11.0 | 38% |
| 2016 | 244,645 | 128,231 | 116,414 | 16.0 | 39% |
| 2017 | 124,500 | 121,920 | 2,580 | 17.0 | 33% |
| 2019 | 376,202 | 321,211 | 54,991 | 15.3 | 46% |
| 2020 | 463,062 | 278,311 | 184,751 | 25.6 | 46% |
| 2021 | 377,162 | 280,417 | 96,745 | 28.9 | 32% |
| 2022 | 822,998 | 371,482 | 451,516 | 36.4 | 43% |
| 2023 | 715,585 | 553,646 | 161,939 | 27.9 | 49% |
In its most recent public year (2023), this organization brought in $161,939 more than it spent. Its reserves stood at about 27.9 months of spending, up from 2.8 in 2014. Staff pay was 49% of spending. $67,608 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
The Masters Apprentice'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