Santa Monica Arts Parents Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 192,098 | 169,594 | 22,504 | 45.1 | 0% |
| 2022 | 507,678 | 406,215 | 101,463 | 21.8 | 0% |
| 2023 | 564,835 | 516,961 | 47,874 | 18.3 | 5% |
| 2024 | 439,798 | 416,578 | 23,220 | 23.4 | 5% |
In its most recent public year (2024), this organization brought in $23,220 more than it spent. Its reserves stood at about 23.4 months of spending, down from 45.1 in 2021. Staff pay was 5% 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
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