Turkish Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 976,973 | 777,203 | 199,770 | 3.1 | 20% |
| 2011 | 1,161,274 | 1,257,411 | −96,137 | 1.0 | 23% |
| 2012 | 1,823,657 | 1,568,915 | 254,742 | 2.8 | 24% |
| 2013 | 1,923,665 | 1,660,515 | 263,150 | 4.6 | 26% |
| 2014 | 1,576,723 | 1,725,236 | −148,513 | 3.4 | 27% |
| 2015 | 1,298,416 | 1,258,872 | 39,544 | 5.0 | 24% |
| 2016 | 710,195 | 975,206 | −265,011 | 3.2 | 19% |
| 2017 | 723,341 | 586,263 | 137,078 | 8.2 | 12% |
| 2018 | 855,974 | 736,101 | 119,873 | 8.5 | 31% |
| 2019 | 1,262,282 | 1,012,374 | 249,908 | 9.1 | 29% |
| 2020 | 1,224,648 | 929,578 | 295,070 | 12.4 | 44% |
| 2021 | 974,819 | 932,152 | 42,667 | 12.9 | 27% |
| 2022 | 430,302 | 417,859 | 12,443 | 29.2 | 35% |
| 2023 | 473,769 | 402,321 | 71,448 | -7.3 | 22% |
In its most recent public year (2023), this organization brought in $71,448 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-7.3 months), down from 3.1 in 2010. Staff pay was 22% 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
Turkish Cultural Center's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works