The Academy Of Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 522,195 | 447,482 | 74,713 | 5.8 | 72% |
| 2012 | 659,488 | 453,398 | 206,090 | 11.2 | 70% |
| 2013 | 521,028 | 483,894 | 37,134 | 12.0 | 72% |
| 2014 | 516,888 | 469,780 | 47,108 | 14.9 | 75% |
| 2015 | 548,929 | 466,131 | 82,798 | 17.9 | 73% |
| 2016 | 589,026 | 474,636 | 114,390 | 19.7 | 73% |
| 2017 | 615,293 | 506,174 | 109,119 | 23.2 | 73% |
| 2018 | 659,762 | 550,926 | 108,836 | 25.4 | 73% |
| 2019 | 701,275 | 595,685 | 105,590 | 25.6 | 74% |
| 2020 | 620,917 | 562,647 | 58,270 | 28.4 | 74% |
| 2021 | 649,266 | 584,167 | 65,099 | 36.6 | 73% |
| 2022 | 638,807 | 641,084 | −2,277 | 33.7 | 76% |
| 2023 | 672,723 | 660,891 | 11,832 | 33.0 | 74% |
| 2024 | 777,995 | 649,904 | 128,091 | 38.2 | 77% |
In its most recent public year (2024), this organization brought in $128,091 more than it spent. Its reserves stood at about 38.2 months of spending, up from 5.8 in 2011. Staff pay was 77% of spending. $25,000 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 2024. 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 Academy Of Music's IRS filings as a feed — one entry per filing year, through 2024. 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