International Art Education Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 68,401 | 67,339 | 1,062 | 1.4 | — |
| 2018 | 59,385 | 61,476 | −2,091 | 1.1 | — |
| 2019 | 66,782 | 66,910 | −128 | 1.0 | — |
| 2020 | 53,264 | 42,123 | 11,141 | 4.7 | — |
| 2021 | 57,396 | 48,802 | 8,594 | 6.2 | — |
| 2022 | 106,618 | 91,616 | 15,002 | 5.3 | — |
| 2023 | 109,147 | 140,693 | −31,546 | 0.7 | — |
In its most recent public year (2023), this organization spent $31,546 more than it brought in. Its reserves stood at about 0.7 months 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
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