Central Music Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 133,005 | 153,264 | −20,259 | 6.6 | — |
| 2011 | 179,901 | 162,911 | 16,990 | 7.5 | — |
| 2012 | 160,105 | 148,620 | 11,485 | 9.1 | — |
| 2013 | 184,389 | 172,842 | 11,547 | 8.7 | — |
| 2014 | 169,628 | 177,386 | −7,758 | 7.9 | — |
| 2015 | 199,815 | 178,865 | 20,950 | 9.3 | — |
| 2016 | 240,368 | 210,802 | 29,566 | 9.5 | 36% |
| 2017 | 224,603 | 213,822 | 10,781 | 10.0 | 36% |
| 2018 | 45,171 | 107,367 | −62,196 | 13.0 | — |
| 2019 | 273,748 | 228,806 | 44,942 | 8.4 | 38% |
| 2020 | 245,208 | 244,482 | 726 | 7.9 | 40% |
| 2021 | 286,183 | 246,333 | 39,850 | 9.8 | 42% |
| 2022 | 312,481 | 253,125 | 59,356 | 12.1 | 44% |
| 2023 | 312,233 | 305,628 | 6,605 | 10.4 | 42% |
| 2024 | 507,948 | 343,123 | 164,825 | 15.2 | 35% |
In its most recent public year (2024), this organization brought in $164,825 more than it spent. Its reserves stood at about 15.2 months of spending, up from 6.6 in 2010. Staff pay was 35% of spending. $108,786 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
Central Music Academy Inc'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