Punjabi Cultural Society Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 53,451 | 60,080 | −6,629 | 0.7 | 0% |
| 2018 | 74,631 | 75,196 | −565 | 0.5 | 0% |
| 2019 | 96,065 | 95,148 | 917 | 0.5 | 0% |
| 2020 | 52,951 | 7,247 | 45,704 | 82.4 | 0% |
| 2021 | 7,100 | 4,876 | 2,224 | 127.9 | 0% |
| 2022 | 147,866 | 118,437 | 29,429 | 8.2 | 0% |
| 2023 | 142,896 | 138,607 | 4,289 | 7.4 | 0% |
In its most recent public year (2023), this organization brought in $4,289 more than it spent. Its reserves stood at about 7.4 months of spending, up from 0.7 in 2017. 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 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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