Queens Public Communications Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,697,602 | 6,405,811 | 291,791 | 29.0 | 35% |
| 2021 | 6,383,457 | 5,711,326 | 672,131 | 39.0 | 41% |
| 2022 | 6,693,975 | 4,986,133 | 1,707,842 | 45.6 | 46% |
| 2023 | 5,148,666 | 5,224,284 | −75,618 | 43.9 | 46% |
In its most recent public year (2023), this organization spent $75,618 more than it brought in. Its reserves stood at about 43.9 months of spending, up from 29 in 2020. Staff pay was 46% 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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