Renaissance Academy - A School For The Multi Media Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,285,933 | 2,359,960 | −74,027 | 1.0 | 48% |
| 2012 | 1,691,185 | 1,935,310 | −244,125 | -0.7 | 44% |
| 2013 | 1,542,101 | 1,504,110 | 37,991 | -0.6 | 38% |
| 2014 | 1,818,288 | 1,831,518 | −13,230 | -0.7 | 38% |
| 2015 | 2,075,183 | 1,846,099 | 229,084 | -10.9 | 47% |
| 2016 | 1,628,828 | 1,686,774 | −57,946 | -12.4 | 43% |
| 2017 | 2,097,433 | 2,038,782 | 58,651 | -9.9 | 45% |
| 2018 | 1,710,838 | 1,178,611 | 532,227 | -16.3 | 82% |
| 2019 | 1,330,594 | 1,335,617 | −5,023 | -14.4 | 56% |
| 2020 | 1,305,224 | 1,497,549 | −192,325 | -14.4 | 1% |
| 2021 | 1,539,705 | 1,584,629 | −44,924 | -13.3 | 1% |
| 2022 | 1,719,781 | 1,469,142 | 250,639 | -12.3 | 0% |
| 2023 | 1,928,092 | 1,869,884 | 58,208 | -9.3 | 0% |
In its most recent public year (2023), this organization brought in $58,208 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9.3 months), down from 1 in 2011. Staff pay was 0% of spending. $45,283 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 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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