Los Angeles Music And Art School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 676,228 | 697,035 | −20,807 | 38.9 | 69% |
| 2012 | 714,896 | 679,756 | 35,140 | 42.6 | 69% |
| 2013 | 676,788 | 684,162 | −7,374 | 41.8 | 67% |
| 2014 | 694,203 | 705,764 | −11,561 | 40.4 | 69% |
| 2015 | 661,567 | 741,049 | −79,482 | 37.1 | 68% |
| 2016 | 635,101 | 706,484 | −71,383 | 37.7 | 69% |
| 2017 | 770,378 | 726,564 | 43,814 | 37.4 | 68% |
| 2018 | 680,036 | 664,220 | 15,816 | 41.2 | 68% |
| 2019 | 832,717 | 757,949 | 74,768 | 37.3 | 62% |
| 2020 | 781,529 | 717,017 | 64,512 | 40.5 | 61% |
| 2021 | 963,465 | 749,213 | 214,252 | 42.2 | 60% |
| 2022 | 1,573,320 | 1,132,599 | 440,721 | 32.6 | 62% |
| 2023 | 1,358,718 | 967,749 | 390,969 | 43.0 | 67% |
In its most recent public year (2023), this organization brought in $390,969 more than it spent. Its reserves stood at about 43 months of spending, up from 38.9 in 2011. Staff pay was 67% of spending. $882,581 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 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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