Tennessee Arts Academy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 103,245 | 66,685 | 36,560 | 17.8 | — |
| 2015 | 93,149 | 71,932 | 21,217 | 15.0 | — |
| 2016 | 92,381 | 77,221 | 15,160 | 21.1 | — |
| 2017 | 361,553 | 148,351 | 213,202 | 28.4 | 11% |
| 2018 | 352,050 | 209,194 | 142,856 | 28.3 | 11% |
| 2019 | 382,099 | 280,691 | 101,408 | 25.4 | 11% |
| 2020 | 394,566 | 326,485 | 68,081 | 24.4 | 13% |
| 2021 | 373,569 | 155,738 | 217,831 | 67.9 | 22% |
| 2022 | 432,075 | 370,927 | 61,148 | 30.5 | 10% |
| 2023 | 522,765 | 389,281 | 133,484 | 33.2 | 8% |
In its most recent public year (2023), this organization brought in $133,484 more than it spent. Its reserves stood at about 33.2 months of spending, up from 17.8 in 2014. Staff pay was 8% of spending. $50,000 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 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
Tennessee Arts Academy Foundation'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