School Of The Arts Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,084,398 | 1,339,551 | 744,847 | 26.5 | 18% |
| 2012 | 2,700,532 | 1,449,966 | 1,250,566 | 33.6 | 18% |
| 2013 | 1,548,019 | 1,620,607 | −72,588 | 32.3 | 19% |
| 2014 | 1,836,210 | 1,666,403 | 169,807 | 34.9 | 18% |
| 2015 | 2,558,269 | 2,439,250 | 119,019 | 24.2 | 14% |
| 2016 | 1,997,118 | 1,843,027 | 154,091 | 31.4 | 18% |
| 2017 | 1,769,573 | 1,731,316 | 38,257 | 36.0 | 19% |
| 2018 | 1,593,229 | 1,390,182 | 203,047 | 50.4 | 22% |
| 2019 | 0 | 2,520 | −2,520 | 23.7 | — |
| 2020 | 2,747,175 | 1,270,711 | 1,476,464 | 69.3 | 24% |
| 2021 | 3,209,659 | 1,131,772 | 2,077,887 | 116.3 | 34% |
| 2022 | 1,851,470 | 1,315,151 | 536,319 | 93.4 | 12% |
| 2023 | 3,329,036 | 2,621,107 | 707,929 | 51.6 | 19% |
In its most recent public year (2023), this organization brought in $707,929 more than it spent. Its reserves stood at about 51.6 months of spending, up from 26.5 in 2011. Staff pay was 19% of spending. $10,173,404 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
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