Foundation For Promoting Arts Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 58,856 | 23,544 | 35,312 | 46.6 | — |
| 2012 | 63,735 | 56,894 | 6,841 | 20.7 | — |
| 2013 | 107,245 | 45,203 | 62,042 | 42.6 | — |
| 2014 | 109,274 | 69,333 | 39,941 | 34.7 | — |
| 2015 | 72,460 | 90,039 | −17,579 | 24.3 | — |
| 2016 | 68,992 | 77,737 | −8,745 | 26.9 | — |
| 2017 | 106,688 | 81,009 | 25,679 | 29.7 | — |
| 2018 | 53,453 | 144,994 | −91,541 | 8.9 | — |
| 2019 | 49,744 | 47,973 | 1,771 | 28.1 | — |
| 2020 | 67,122 | 97,648 | −30,526 | 19.1 | — |
| 2021 | 36,130 | 41,575 | −5,445 | 43.1 | — |
| 2023 | 101,981 | 49,299 | 52,682 | 60.9 | — |
In its most recent public year (2023), this organization brought in $52,682 more than it spent. Its reserves stood at about 60.9 months of spending, up from 46.6 in 2011.
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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