Wilmington School Of The Arts
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,879 | 75,237 | 15,642 | 2.7 | — |
| 2021 | 1,510,132 | 1,472,080 | 38,052 | 0.3 | 53% |
| 2022 | 2,392,648 | 2,136,581 | 256,067 | 1.7 | 60% |
| 2023 | 2,470,972 | 2,447,102 | 23,870 | 1.6 | 61% |
| 2024 | 2,839,210 | 2,634,568 | 204,642 | 2.4 | 61% |
In its most recent public year (2024), this organization brought in $204,642 more than it spent. Its reserves stood at about 2.4 months of spending. Staff pay was 61% 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
Wilmington School Of The Arts'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