Madison Creative Arts Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 2,215,714 | 1,670,517 | 545,197 | 3.7 | 56% |
| 2018 | 2,455,173 | 2,192,331 | 262,842 | 4.3 | 57% |
| 2019 | 2,482,400 | 2,292,244 | 190,156 | 5.1 | 56% |
| 2020 | 2,713,711 | 2,592,264 | 121,447 | 5.1 | 55% |
| 2021 | 3,417,848 | 2,829,173 | 588,675 | 7.1 | 55% |
| 2022 | 3,363,351 | 3,100,925 | 262,426 | 9.3 | 53% |
| 2023 | 3,745,523 | 3,840,795 | −95,272 | 7.2 | 51% |
| 2024 | 3,984,997 | 4,269,632 | −284,635 | 5.7 | 45% |
In its most recent public year (2024), this organization spent $284,635 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 3.7 in 2017. Staff pay was 45% 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 2024. 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
Madison Creative Arts Academy Inc's IRS filings as a feed — one entry per filing year, through 2024. 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