Salt Lake Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,942,534 | 1,991,058 | −48,524 | 0.6 | 56% |
| 2012 | 2,064,899 | 2,208,075 | −143,176 | -0.2 | 53% |
| 2013 | 2,266,834 | 2,370,648 | −103,814 | -0.7 | 47% |
| 2014 | 2,707,670 | 2,663,307 | 44,363 | -0.5 | 51% |
| 2015 | 2,796,128 | 2,799,720 | −3,592 | -0.5 | 51% |
| 2016 | 2,869,982 | 2,869,166 | 816 | -0.4 | 51% |
| 2017 | 3,054,489 | 3,042,758 | 11,731 | -0.4 | 51% |
| 2018 | 3,294,686 | 3,288,551 | 6,135 | -0.3 | 51% |
| 2019 | 3,477,574 | 3,464,802 | 12,772 | -0.3 | 52% |
| 2020 | 3,661,989 | 3,659,239 | 2,750 | -1.0 | 55% |
| 2021 | 4,222,605 | 3,847,018 | 375,587 | -4.0 | 60% |
| 2022 | 4,045,054 | 3,499,256 | 545,798 | -2.5 | 66% |
| 2023 | 4,430,773 | 4,396,870 | 33,903 | -1.9 | 57% |
In its most recent public year (2023), this organization brought in $33,903 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 0.6 in 2011. Staff pay was 57% 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
Salt Lake Arts Academy's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works