Albanian American Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 620,944 | 424,666 | 196,278 | 69.8 | 4% |
| 2020 | 366,933 | 407,763 | −40,830 | 71.5 | 4% |
| 2021 | 384,396 | 324,009 | 60,387 | 104.7 | 16% |
| 2023 | 129,257 | 206,047 | −76,790 | 168.9 | 3% |
In its most recent public year (2023), this organization spent $76,790 more than it brought in. Its reserves stood at about 168.9 months of spending, up from 69.8 in 2019. Staff pay was 3% 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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