Brooklyn Arts Music Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 67,265 | 59,189 | 8,076 | 1.6 | — |
| 2020 | 99,994 | 92,063 | 7,931 | 2.1 | — |
| 2021 | 146,264 | 130,895 | 15,369 | 2.9 | — |
| 2022 | 201,575 | 179,434 | 22,141 | 3.6 | 71% |
| 2023 | 306,646 | 263,590 | 43,056 | 4.4 | 75% |
| 2024 | 320,957 | 337,612 | −16,655 | 2.8 | 71% |
In its most recent public year (2024), this organization spent $16,655 more than it brought in. Its reserves stood at about 2.8 months of spending, up from 1.6 in 2019. Staff pay was 71% 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
Brooklyn Arts Music Academy'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