Puerto Rican Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 313,051 | 715,612 | −402,561 | 19.9 | 25% |
| 2013 | 2,040,432 | 2,028,907 | 11,525 | 11.7 | 46% |
| 2014 | 3,552,136 | 3,026,468 | 525,668 | 9.9 | 59% |
| 2015 | 4,536,146 | 4,562,327 | −26,181 | 6.3 | 62% |
| 2016 | 4,429,622 | 4,669,423 | −239,801 | 5.2 | 60% |
| 2017 | 6,518,793 | 5,008,584 | 1,510,209 | 8.4 | 62% |
| 2018 | 5,891,451 | 6,451,224 | −559,773 | 5.6 | 59% |
| 2019 | 6,036,751 | 5,807,598 | 229,153 | 6.8 | 66% |
| 2020 | 5,965,619 | 6,082,897 | −117,278 | 6.3 | 62% |
| 2021 | 8,458,971 | 8,109,317 | 349,654 | 5.3 | 66% |
| 2022 | 9,769,703 | 8,929,914 | 839,789 | 6.3 | 62% |
| 2023 | 12,499,339 | 11,354,617 | 1,144,722 | 6.3 | 62% |
In its most recent public year (2023), this organization brought in $1,144,722 more than it spent. Its reserves stood at about 6.3 months of spending, down from 19.9 in 2012. Staff pay was 62% 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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