African Cultural Center Of Buffalo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 436,834 | 517,839 | −81,005 | 5.4 | 38% |
| 2012 | 579,701 | 530,446 | 49,255 | 6.3 | 36% |
| 2013 | 496,464 | 527,514 | −31,050 | 5.7 | 37% |
| 2014 | 676,933 | 515,173 | 161,760 | 9.6 | 36% |
| 2015 | 497,793 | 501,321 | −3,528 | 8.6 | 39% |
| 2016 | 431,044 | 470,070 | −39,026 | 8.2 | 41% |
| 2017 | 338,967 | 451,157 | −112,190 | 5.6 | 42% |
| 2018 | 621,132 | 533,182 | 87,950 | 6.7 | 35% |
| 2019 | 938,498 | 926,108 | 12,390 | 4.0 | 20% |
| 2020 | 438,681 | 215,623 | 223,058 | 29.7 | 46% |
| 2021 | 387,992 | 340,591 | 47,401 | 13.3 | 34% |
| 2022 | 483,941 | 536,150 | −52,209 | 7.3 | 31% |
| 2023 | 550,020 | 479,313 | 70,707 | 9.6 | 15% |
In its most recent public year (2023), this organization brought in $70,707 more than it spent. Its reserves stood at about 9.6 months of spending, up from 5.4 in 2011. Staff pay was 15% 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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