Instituto Cervantes Of Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,468,440 | 2,633,106 | −164,666 | 0.4 | 27% |
| 2012 | 2,399,245 | 2,579,265 | −180,020 | -0.4 | 29% |
| 2013 | 2,350,038 | 2,391,281 | −41,243 | -0.7 | 31% |
| 2014 | 2,307,263 | 2,380,322 | −73,059 | -1.0 | 30% |
| 2015 | 2,289,206 | 2,408,479 | −119,273 | -1.6 | 29% |
| 2016 | 2,456,807 | 2,342,076 | 114,731 | -1.1 | 29% |
| 2017 | 2,532,494 | 2,424,735 | 107,759 | -0.5 | 30% |
| 2018 | 2,336,786 | 2,434,706 | −97,920 | -1.0 | 29% |
| 2019 | 2,571,142 | 2,608,036 | −36,894 | -1.1 | 27% |
| 2020 | 2,398,824 | 2,147,282 | 251,542 | 0.1 | 29% |
| 2021 | 2,489,461 | 2,054,017 | 435,444 | 2.6 | 30% |
| 2022 | 2,244,448 | 2,390,453 | −146,005 | 1.5 | 29% |
| 2023 | 2,283,312 | 2,518,073 | −234,761 | 0.3 | 28% |
In its most recent public year (2023), this organization spent $234,761 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 28% 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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