Generation Music & Arts Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 75,907 | 57,268 | 18,639 | 3.9 | — |
| 2018 | 175,603 | 170,439 | 5,164 | 1.7 | — |
| 2019 | 203,007 | 194,031 | 8,976 | 2.0 | 0% |
| 2020 | 214,481 | 214,743 | −262 | 1.8 | 23% |
| 2021 | 191,730 | 150,901 | 40,829 | 5.9 | — |
| 2022 | 494,975 | 414,868 | 80,107 | 5.2 | 73% |
| 2023 | 650,034 | 553,342 | 96,692 | 6.0 | 79% |
In its most recent public year (2023), this organization brought in $96,692 more than it spent. Its reserves stood at about 6 months of spending, up from 3.9 in 2017. Staff pay was 79% 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
Generation Music & 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