Armenian Library And Museum Of America Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,077,566 | 969,735 | 107,831 | 182.2 | 36% |
| 2021 | 1,695,346 | 1,160,924 | 534,422 | 168.9 | 38% |
| 2022 | 2,153,609 | 1,464,286 | 689,323 | 132.1 | 31% |
| 2023 | 2,186,557 | 1,503,773 | 682,784 | 129.2 | 31% |
In its most recent public year (2023), this organization brought in $682,784 more than it spent. Its reserves stood at about 129.2 months of spending, down from 182.2 in 2020. Staff pay was 31% of spending. $7,515,671 of its net assets are donor-restricted.
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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