Folk Arts-Cultural Treasures Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,132,594 | 5,835,038 | 297,556 | 3.0 | 50% |
| 2012 | 5,696,228 | 5,763,102 | −66,874 | 2.9 | 50% |
| 2013 | 5,876,177 | 5,879,191 | −3,014 | 2.9 | 51% |
| 2014 | 6,051,261 | 5,984,998 | 66,263 | 2.9 | 46% |
| 2015 | 5,589,740 | 6,392,369 | −802,629 | -13.3 | 39% |
| 2016 | 5,772,750 | 6,315,434 | −542,684 | -14.5 | 46% |
| 2017 | 6,385,101 | 6,598,194 | −213,093 | -14.3 | 43% |
| 2018 | 7,099,271 | 6,202,852 | 896,419 | -14.3 | 52% |
| 2019 | 7,716,730 | 7,238,163 | 478,567 | -11.4 | 5% |
| 2020 | 8,007,805 | 7,458,308 | 549,497 | -10.2 | 5% |
| 2021 | 8,715,053 | 7,754,147 | 960,906 | -8.3 | 50% |
| 2022 | 9,661,746 | 7,971,661 | 1,690,085 | -5.8 | 49% |
| 2023 | 9,621,034 | 8,751,213 | 869,821 | -4.1 | 44% |
In its most recent public year (2023), this organization brought in $869,821 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.1 months), down from 3 in 2011. Staff pay was 44% 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
Folk Arts-Cultural Treasures Charter School'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