Black Arts & Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,144 | 117,584 | 7,560 | 7.1 | — |
| 2012 | 120,021 | 128,432 | −8,411 | 6.0 | — |
| 2013 | 124,100 | 128,464 | −4,364 | 5.6 | — |
| 2014 | 99,525 | 121,882 | −22,357 | 3.8 | — |
| 2015 | 158,577 | 177,034 | −18,457 | 1.4 | — |
| 2016 | 135,689 | 133,421 | 2,268 | 1.8 | — |
| 2017 | 168,488 | 129,564 | 38,924 | 5.3 | — |
| 2018 | 166,640 | 127,195 | 39,445 | 9.1 | — |
| 2019 | 179,790 | 181,859 | −2,069 | 6.3 | — |
| 2020 | 185,900 | 156,580 | 29,320 | 7.4 | — |
| 2021 | 244,138 | 304,166 | −60,028 | 4.2 | 26% |
| 2022 | 255,862 | 246,996 | 8,866 | 5.6 | 29% |
| 2023 | 312,084 | 205,957 | 106,127 | 12.9 | 43% |
In its most recent public year (2023), this organization brought in $106,127 more than it spent. Its reserves stood at about 12.9 months of spending, up from 7.1 in 2011. Staff pay was 43% 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
Black Arts & Cultural Center'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