The Akron African-American Cultural Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,431 | 29,153 | −1,722 | 3.6 | — |
| 2012 | 12,370 | 17,690 | −5,320 | 2.4 | — |
| 2013 | 20,280 | 20,178 | 102 | 2.2 | — |
| 2014 | 15,392 | 15,822 | −430 | 2.4 | — |
| 2015 | 23,855 | 18,401 | 5,454 | 5.6 | — |
| 2016 | 26,255 | 29,495 | −3,240 | 2.2 | — |
| 2017 | 20,469 | 0 | 20,469 | — | — |
| 2018 | 26,787 | 0 | 26,787 | — | — |
| 2019 | 13,873 | 16,533 | −2,660 | 0.0 | 0% |
In its most recent public year (2019), this organization spent $2,660 more than it brought in. Its reserves stood at about 0 months of spending, down from 3.6 in 2011. Staff pay was 0% 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 2019. 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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