Innovation Arts Academy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 158,855 | 193,907 | −35,052 | -2.2 | — |
| 2018 | 191,074 | 143,461 | 47,613 | 1.1 | — |
| 2019 | 125,908 | 131,487 | −5,579 | 0.6 | — |
| 2020 | 97,994 | 93,737 | 4,257 | 1.4 | — |
| 2021 | 115,610 | 103,444 | 12,166 | 2.7 | — |
| 2022 | 166,283 | 151,490 | 14,793 | 3.0 | — |
| 2023 | 205,009 | 216,342 | −11,333 | 1.5 | 36% |
In its most recent public year (2023), this organization spent $11,333 more than it brought in. Its reserves stood at about 1.5 months of spending, up from -2.2 in 2017. Staff pay was 36% 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
Innovation Arts Academy Inc'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