Korean Literature Society Ofamerica
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 67,582 | 67,758 | −176 | 1.2 | — |
| 2012 | 51,586 | 55,563 | −3,977 | 0.6 | — |
| 2013 | 56,168 | 52,068 | 4,100 | 1.5 | — |
| 2014 | 44,881 | 47,255 | −2,374 | 1.1 | — |
| 2015 | 58,022 | 59,662 | −1,640 | 0.5 | — |
| 2016 | 57,188 | 51,689 | 5,499 | 1.9 | — |
| 2017 | 56,116 | 57,404 | −1,288 | 1.4 | — |
| 2018 | 52,703 | 55,743 | −3,040 | 0.8 | — |
| 2019 | 60,674 | 55,482 | 5,192 | 1.5 | — |
| 2020 | 35,800 | 36,766 | −966 | 1.9 | — |
| 2021 | 62,841 | 64,578 | −1,737 | 1.1 | — |
| 2022 | 85,723 | 91,658 | −5,935 | 0.0 | — |
| 2023 | 123,393 | 97,405 | 25,988 | 3.2 | — |
In its most recent public year (2023), this organization brought in $25,988 more than it spent. Its reserves stood at about 3.2 months of spending, up from 1.2 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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