Black Academy Of Arts And Letters Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,345,382 | 1,339,425 | 5,957 | -0.2 | 27% |
| 2012 | 936,439 | 1,006,048 | −69,609 | -1.1 | 34% |
| 2013 | 1,020,532 | 941,768 | 78,764 | -0.2 | 35% |
| 2014 | 1,037,860 | 1,003,100 | 34,760 | 0.2 | 35% |
| 2015 | 1,398,840 | 1,298,488 | 100,352 | 1.1 | 29% |
| 2016 | 1,433,249 | 1,381,781 | 51,468 | 1.5 | 28% |
| 2017 | 1,492,140 | 1,511,353 | −19,213 | 1.2 | 29% |
| 2018 | 1,970,068 | 2,261,134 | −291,066 | -0.7 | 17% |
| 2019 | 1,734,379 | 1,718,432 | 15,947 | -0.9 | 20% |
| 2020 | 745,803 | 824,404 | −78,601 | -3.0 | 44% |
| 2021 | 1,114,898 | 777,690 | 337,208 | 2.1 | 29% |
| 2022 | 3,269,648 | 2,473,195 | 796,453 | 4.5 | 14% |
| 2023 | 2,945,343 | 2,614,072 | 331,271 | 5.8 | 15% |
In its most recent public year (2023), this organization brought in $331,271 more than it spent. Its reserves stood at about 5.8 months of spending, up from -0.2 in 2011. Staff pay was 15% 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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