State Street Academy Of Music At St Lawrence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 143,046 | 155,869 | −12,823 | 4.1 | — |
| 2012 | 155,482 | 155,620 | −138 | 4.1 | — |
| 2013 | 214,067 | 149,973 | 64,094 | 9.3 | 81% |
| 2014 | 160,773 | 159,735 | 1,038 | 5.1 | — |
| 2015 | 178,247 | 187,944 | −9,697 | 7.1 | — |
| 2016 | 197,725 | 209,223 | −11,498 | 5.9 | — |
| 2017 | 228,086 | 205,060 | 23,026 | 7.4 | 19% |
| 2018 | 214,445 | 221,360 | −6,915 | 6.4 | 16% |
| 2019 | 238,018 | 210,745 | 27,273 | 8.4 | 15% |
| 2020 | 228,335 | 202,515 | 25,820 | 10.4 | 15% |
| 2021 | 203,795 | 156,390 | 47,405 | 17.0 | 15% |
| 2022 | 281,647 | 226,413 | 55,234 | 14.2 | 18% |
| 2023 | 252,158 | 307,307 | −55,149 | 8.2 | 14% |
| 2024 | 231,105 | 273,558 | −42,453 | 7.5 | 17% |
In its most recent public year (2024), this organization spent $42,453 more than it brought in. Its reserves stood at about 7.5 months of spending, up from 4.1 in 2011. Staff pay was 17% of spending. $72,136 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
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