American Academy Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 29,600 | 27,360 | 2,240 | 4.7 | 0% |
| 2015 | 4,510,278 | 3,985,670 | 524,608 | 1.6 | 47% |
| 2016 | 8,290,294 | 8,231,161 | 59,133 | -0.0 | 43% |
| 2017 | 8,216,857 | 7,692,932 | 523,925 | 0.8 | 45% |
| 2018 | 7,892,402 | 7,694,759 | 197,643 | 1.1 | 39% |
| 2019 | 7,626,919 | 7,490,361 | 136,558 | 1.4 | 39% |
| 2020 | 6,867,455 | 6,583,858 | 283,597 | 2.1 | 38% |
| 2021 | 6,234,752 | 6,225,494 | 9,258 | 2.2 | 38% |
| 2022 | 5,141,668 | 6,424,552 | −1,282,884 | -0.3 | 37% |
| 2023 | 3,213,186 | 4,113,966 | −900,780 | -3.0 | 48% |
In its most recent public year (2023), this organization spent $900,780 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3 months), down from 4.7 in 2014. Staff pay was 48% of spending. $6,390 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
American Academy Of Art 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