Korean Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,540 | 55,603 | −4,063 | 32.5 | — |
| 2012 | 92,586 | 83,416 | 9,170 | 28.2 | — |
| 2013 | 141,544 | 107,976 | 33,568 | 28.4 | — |
| 2014 | 245,578 | 225,746 | 19,832 | 12.3 | 0% |
| 2015 | 281,416 | 162,969 | 118,447 | 25.7 | 0% |
| 2016 | 124,483 | 153,250 | −28,767 | 25.1 | — |
| 2017 | 92,118 | 128,161 | −36,043 | 26.6 | — |
| 2018 | 76,285 | 110,665 | −34,380 | 27.9 | — |
| 2019 | 85,199 | 144,422 | −59,223 | 16.4 | — |
| 2020 | 1,448 | 4,610 | −3,162 | 506.9 | — |
| 2021 | 5,174 | 2,882 | 2,292 | 820.4 | — |
| 2022 | 44,022 | 85,650 | −41,628 | 21.8 | — |
| 2023 | 50,178 | 96,290 | −46,112 | 13.6 | — |
In its most recent public year (2023), this organization spent $46,112 more than it brought in. Its reserves stood at about 13.6 months of spending, down from 32.5 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 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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