Young Aspirations-Young Artists Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 314,070 | 413,501 | −99,431 | 6.7 | 46% |
| 2012 | 750,340 | 605,563 | 144,777 | 7.5 | 50% |
| 2013 | 356,990 | 574,650 | −217,660 | 3.5 | 56% |
| 2014 | 787,056 | 482,007 | 305,049 | 11.8 | 47% |
| 2015 | 382,734 | 181,424 | 201,310 | 107.6 | 35% |
| 2016 | 727,723 | 565,976 | 161,747 | 35.2 | 39% |
| 2017 | 583,613 | 537,035 | 46,578 | 38.8 | 56% |
| 2018 | 730,499 | 621,840 | 108,659 | 35.6 | 52% |
| 2019 | 496,120 | 625,687 | −129,567 | 33.1 | 51% |
| 2020 | 570,913 | 596,036 | −25,123 | 34.3 | 57% |
| 2021 | 778,663 | 642,418 | 136,245 | 34.5 | 51% |
| 2022 | 552,561 | 724,328 | −171,767 | 27.6 | 52% |
In its most recent public year (2022), this organization spent $171,767 more than it brought in. Its reserves stood at about 27.6 months of spending, up from 6.7 in 2011. Staff pay was 52% of spending. $142,500 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 2022. 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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