Arizona Academy Of The Performing Arts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 388,759 | 415,447 | −26,688 | 7.6 | 26% |
| 2021 | 1,361,743 | 726,618 | 635,125 | 14.8 | 19% |
| 2022 | 1,575,057 | 1,485,250 | 89,807 | 8.0 | 13% |
| 2023 | 1,348,062 | 1,436,687 | −88,625 | 7.5 | 13% |
| 2024 | 1,448,551 | 1,618,226 | −169,675 | 5.4 | 13% |
In its most recent public year (2024), this organization spent $169,675 more than it brought in. Its reserves stood at about 5.4 months of spending, down from 7.6 in 2020. Staff pay was 13% of spending. $8,617 of its net assets are donor-restricted.
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
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