Richmond Performing Arts Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,541,627 | 3,060,130 | −518,503 | 306.3 | 22% |
| 2012 | 1,650,841 | 2,983,184 | −1,332,343 | 303.3 | 21% |
| 2013 | 2,446,256 | 2,441,512 | 4,744 | 363.5 | 24% |
| 2014 | 23,749,084 | 2,516,067 | 21,233,017 | 448.1 | 21% |
| 2015 | 10,736,745 | 2,032,611 | 8,704,134 | 589.3 | 17% |
| 2016 | 4,607,870 | 2,085,643 | 2,522,227 | 559.1 | 16% |
| 2017 | 9,945,327 | 2,309,500 | 7,635,827 | 576.8 | 19% |
| 2018 | 2,350,906 | 1,878,208 | 472,698 | 691.6 | 26% |
| 2019 | 2,705,606 | 1,721,804 | 983,802 | 740.9 | 23% |
| 2020 | 2,606,568 | 1,524,627 | 1,081,941 | 1005.6 | 28% |
| 2021 | 2,679,969 | 1,389,498 | 1,290,471 | 1062.7 | 34% |
| 2022 | 2,867,489 | 1,421,682 | 1,445,807 | 1050.9 | 34% |
| 2023 | 2,881,535 | 1,470,616 | 1,410,919 | 1010.0 | 40% |
In its most recent public year (2023), this organization brought in $1,410,919 more than it spent. Its reserves stood at about 1010 months of spending, up from 306.3 in 2011. Staff pay was 40% of spending. $3,472,754 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
Richmond Performing Arts Alliance'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