Arkansas Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,437,252 | 9,227,214 | 210,038 | 1.1 | 1% |
| 2021 | 10,167,961 | 10,030,258 | 137,703 | 1.1 | 1% |
| 2022 | 11,845,597 | 11,592,589 | 253,008 | 1.2 | 1% |
| 2023 | 11,867,753 | 11,770,041 | 97,712 | 1.3 | 1% |
In its most recent public year (2023), this organization brought in $97,712 more than it spent. Its reserves stood at about 1.3 months of spending. Staff pay was 1% 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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