The Classical Academy Of Sarasota Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 13,891 | 4,492 | 9,399 | 25.1 | — |
| 2014 | 641,588 | 418,834 | 222,754 | 6.5 | 56% |
| 2015 | 619,213 | 452,774 | 166,439 | 10.4 | 71% |
| 2016 | 1,526,676 | 1,499,614 | 27,062 | 1.4 | 66% |
| 2017 | 1,769,259 | 1,503,138 | 266,121 | 3.3 | 79% |
| 2018 | 1,762,410 | 1,705,148 | 57,262 | 2.8 | 77% |
| 2019 | 2,017,973 | 1,929,686 | 88,287 | 3.0 | 66% |
| 2020 | 2,534,992 | 2,367,585 | 167,407 | 3.3 | 73% |
| 2021 | 3,836,672 | 3,051,703 | 784,969 | 5.8 | 75% |
| 2022 | 8,204,460 | 5,001,269 | 3,203,191 | 11.2 | 62% |
| 2023 | 7,670,052 | 7,972,944 | −302,892 | 6.6 | 53% |
In its most recent public year (2023), this organization spent $302,892 more than it brought in. Its reserves stood at about 6.6 months of spending, down from 25.1 in 2013. Staff pay was 53% of spending. $341,023 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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