STUDENTS MOTIVATED BY THE ARTS INC
Income Statement
Fiscal Year Start:
Jul 1
Revenues in 2024
$812,832
Program Services
46%
Contributions
45%
Other
4%
Government Grants
3%
Fundraising Events
1%
Investments
<1%
Membership Dues
0%
Expenses in 2024
$845,418
Salaries & Benefits
82%
Offices, Occupancy & IT
10%
Other
6%
Depreciation
2%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$334,967
$369,155
+10%
Government Grants
$20,000
$24,950
+25%
Fundraising Events
$20,969
$11,810
-44%
Program Services
$372,227
$370,347
-1%
Membership Dues
$0
$0
-
Investments
$633
$888
+40%
Other
$43,730
$35,682
-18%
Total Revenues
$792,526
$812,832
+3%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$710,470
$689,239
-3%
Fees to Service Providers
$5,660
$2,725
-52%
Advertising & Promotion
$2,485
$829
-67%
Offices, Occupancy & IT
$96,598
$81,482
-16%
Interest
$0
$0
-
Depreciation
$21,047
$20,525
-2%
Other
$47,843
$50,618
+6%
Total Expenses
$884,103
$845,418
-4%
Net income
2023
2024
Change
Net income
-$91,577
-$32,586
+64%
Functional Expenses
Summary
2023
2024
Change
Program
$681,215
$624,354
-8%
Admin
$158,221
$169,400
+7%
Fundraising
$44,667
$51,664
+16%
Total Expenses
$884,103
$845,418
-4%
Copyright 2026. All rights reserved to Chario Inc. (d.b.a. Impala)