North Alabama African Heritage Festival
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 18,359 | 16,147 | 2,212 | 1.7 | — |
| 2014 | 11,610 | 12,363 | −753 | 1.5 | — |
| 2015 | 17,405 | 16,745 | 660 | 1.6 | — |
| 2016 | 15,300 | 14,824 | 476 | 2.2 | — |
| 2017 | 15,095 | 16,743 | −1,648 | 0.4 | — |
| 2018 | 14,716 | 13,403 | 1,313 | 1.7 | — |
| 2019 | 12,785 | 13,768 | −983 | 0.8 | — |
| 2020 | 3,695 | 3,255 | 440 | 5.0 | — |
| 2021 | 14,475 | 14,656 | −181 | 1.0 | — |
| 2022 | 30,386 | 16,855 | 13,531 | 10.5 | — |
| 2023 | 15,871 | 19,410 | −3,539 | 6.9 | — |
In its most recent public year (2023), this organization spent $3,539 more than it brought in. Its reserves stood at about 6.9 months of spending, up from 1.7 in 2013.
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
North Alabama African Heritage Festival'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