Milan Usa Academy Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,311 | 134,196 | −47,885 | 2.4 | — |
| 2021 | 176,551 | 157,386 | 19,165 | 3.5 | — |
| 2022 | 282,055 | 252,059 | 29,996 | 3.6 | 35% |
| 2023 | 260,298 | 321,163 | −60,865 | 0.6 | 60% |
In its most recent public year (2023), this organization spent $60,865 more than it brought in. Its reserves stood at about 0.6 months of spending, down from 2.4 in 2020. Staff pay was 60% of spending.
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
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