African Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 22,569 | 21,724 | 845 | 0.5 | — |
| 2020 | 26,562 | 9,860 | 16,702 | 22.3 | — |
| 2021 | 41,571 | 28,020 | 13,551 | 13.7 | — |
| 2022 | 59,581 | 65,085 | −5,504 | 3.5 | — |
| 2023 | 109,395 | 99,842 | 9,553 | 1.6 | — |
In its most recent public year (2023), this organization brought in $9,553 more than it spent. Its reserves stood at about 1.6 months of spending, up from 0.5 in 2018.
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
African Arts Academy'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