Arab American Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 229,310 | 252,612 | −23,302 | 7.6 | 0% |
| 2016 | 263,727 | 290,554 | −26,827 | 5.5 | 0% |
| 2017 | 271,109 | 296,643 | −25,534 | 4.4 | 0% |
| 2018 | 361,284 | 401,862 | −40,578 | 2.0 | 0% |
| 2019 | 309,242 | 327,306 | −18,064 | 1.8 | 0% |
| 2020 | 221,312 | 180,603 | 40,709 | 4.3 | 0% |
| 2021 | 151,825 | 199,228 | −47,403 | 1.1 | 0% |
| 2022 | 55,000 | 93,482 | −38,482 | -2.7 | 0% |
| 2023 | 61,639 | 93,254 | −31,615 | -6.7 | 0% |
In its most recent public year (2023), this organization spent $31,615 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.7 months), down from 7.6 in 2015. Staff pay was 0% 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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