La Romita School Of Art Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 334,994 | 351,160 | −16,166 | 1.9 | 15% |
| 2012 | 324,355 | 305,779 | 18,576 | 3.4 | 38% |
| 2013 | 178,024 | 248,858 | −70,834 | 0.8 | 35% |
| 2014 | 355,207 | 327,540 | 27,667 | 1.6 | 33% |
| 2015 | 408,628 | 359,944 | 48,684 | 3.1 | 33% |
| 2016 | 227,241 | 296,898 | −69,657 | 1.0 | 36% |
| 2017 | 329,030 | 326,924 | 2,106 | 0.9 | 36% |
| 2018 | 282,256 | 318,978 | −36,722 | -0.2 | 35% |
| 2019 | 379,917 | 379,177 | 740 | -0.2 | 31% |
| 2020 | 22,316 | 101,535 | −79,219 | -10.1 | — |
| 2021 | 42,452 | 89,536 | −47,084 | -17.8 | — |
| 2022 | 263,631 | 258,406 | 5,225 | -5.9 | 33% |
| 2023 | 296,591 | 346,062 | −49,471 | -6.2 | 27% |
In its most recent public year (2023), this organization spent $49,471 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.2 months), down from 1.9 in 2011. Staff pay was 27% 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
La Romita School Of Art Inc'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