School Of Arts And Culture At Mhp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,350,567 | 2,273,259 | 1,077,308 | 39.8 | 33% |
| 2021 | 4,861,362 | 3,402,027 | 1,459,335 | 29.7 | 31% |
| 2022 | 6,382,179 | 5,020,657 | 1,361,522 | 22.0 | 34% |
| 2023 | 7,401,726 | 5,300,634 | 2,101,092 | 34.5 | 42% |
In its most recent public year (2023), this organization brought in $2,101,092 more than it spent. Its reserves stood at about 34.5 months of spending, down from 39.8 in 2020. Staff pay was 42% of spending. $4,636,578 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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