Spanish Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 95,689 | 67,271 | 28,418 | 9.5 | — |
| 2021 | 67,034 | 80,826 | −13,792 | 5.9 | — |
| 2022 | 62,355 | 73,802 | −11,447 | 4.6 | — |
| 2023 | 55,445 | 56,883 | −1,438 | 5.7 | — |
In its most recent public year (2023), this organization spent $1,438 more than it brought in. Its reserves stood at about 5.7 months of spending, down from 9.5 in 2020.
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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