Renaissance Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,625,349 | 6,192,229 | 433,120 | 16.7 | 48% |
| 2021 | 7,425,243 | 6,354,139 | 1,071,104 | 18.4 | 46% |
| 2022 | 8,204,378 | 6,906,447 | 1,297,931 | 19.2 | 48% |
| 2023 | 9,452,179 | 7,556,488 | 1,895,691 | 20.5 | 49% |
In its most recent public year (2023), this organization brought in $1,895,691 more than it spent. Its reserves stood at about 20.5 months of spending, up from 16.7 in 2020. Staff pay was 49% 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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