Gabriela Lena Frank Creative Academy For Music
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 123,610 | 127,679 | −4,069 | 0.0 | — |
| 2020 | 196,416 | 130,634 | 65,782 | 12.5 | — |
| 2021 | 815,334 | 223,320 | 592,014 | 0.0 | 22% |
| 2022 | 182,800 | 421,641 | −238,841 | 13.1 | 20% |
| 2023 | 442,499 | 440,769 | 1,730 | 12.4 | 30% |
In its most recent public year (2023), this organization brought in $1,730 more than it spent. Its reserves stood at about 12.4 months of spending, up from 0 in 2019. Staff pay was 30% 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
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