CSCharityScored
77

Innovation Arts Academy Inc

Arts & Culture · Lexington, Kentucky

326 Stratford Dr, Lexington, KY 40503-1813

EIN: 812571338· Founded: Nov 2016· 10 years active· Filing Year: 2023

Annual Revenue

$205K

Total Expenses

$216K

Total Assets

$31K

Program Spending

95%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$18K

8.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$60K

Total Payroll

$78K

36% of total expenses

Where the Money Goes

95%
Programs: 95%
Payroll: 36%
Other overhead: 5%
Program Revenue$205K (100%)
Total Expenses$216K (100%)
Payroll$78K (36%)
Overhead (non-program)5%

Trust Score Breakdown

Program Spending Ratio

95% of expenses go to programs

40%

Revenue & Stability

$205K annual revenue

15%

Executive Compensation

$18K total officer comp (8.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$31K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.