Near & Arnolds School Of Performing Arts & Cultural Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 542,519 | 642,135 | −99,616 | 98.5 | 55% |
| 2021 | 599,046 | 647,552 | −48,506 | 96.8 | 51% |
| 2022 | 615,764 | 722,169 | −106,405 | 85.0 | 51% |
| 2023 | 702,300 | 849,510 | −147,210 | 70.2 | 52% |
In its most recent public year (2023), this organization spent $147,210 more than it brought in. Its reserves stood at about 70.2 months of spending, down from 98.5 in 2020. Staff pay was 52% of spending. $195,955 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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