New Times Culture And Education Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 795,814 | 797,335 | −1,521 | 0.6 | 0% |
| 2012 | 286,039 | 324,846 | −38,807 | 0.0 | 0% |
| 2020 | 168,623 | 163,692 | 4,931 | 1.1 | — |
| 2021 | 53,495 | 10,447 | 43,048 | 66.7 | — |
| 2022 | 41,172 | 41,104 | 68 | 10.5 | — |
| 2023 | 84,770 | 152,769 | −67,999 | -2.5 | — |
| 2024 | 113,053 | 96,827 | 16,226 | -1.9 | — |
In its most recent public year (2024), this organization brought in $16,226 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 0.6 in 2011.
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 2024. 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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