The Miracle Foundation Of Arts & Academics Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 2,452 | 1,698 | 754 | 0.0 | — |
| 2016 | 7,327 | 7,299 | 28 | 0.0 | — |
| 2017 | 2,478 | 2,414 | 64 | 0.0 | — |
| 2018 | 2,508 | 2,111 | 397 | 0.0 | — |
| 2022 | 69,481 | 71,097 | −1,616 | 0.0 | 0% |
| 2023 | 63,569 | 64,137 | −568 | 0.0 | 2% |
In its most recent public year (2023), this organization spent $568 more than it brought in. Its reserves stood at about 0 months of spending. Staff pay was 2% 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
The Miracle Foundation Of Arts & Academics 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