Hmong Cultural Center Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 250,098 | 297,695 | −47,597 | 3.6 | 60% |
| 2012 | 360,360 | 318,828 | 41,532 | 4.9 | 58% |
| 2013 | 405,298 | 368,827 | 36,471 | 5.4 | 57% |
| 2014 | 289,551 | 368,171 | −78,620 | 2.9 | 54% |
| 2015 | 363,739 | 338,553 | 25,186 | 5.9 | 52% |
| 2016 | 259,649 | 313,293 | −53,644 | 2.3 | 51% |
| 2017 | 365,645 | 456,032 | −90,387 | -0.8 | 55% |
| 2018 | 501,904 | 480,229 | 21,675 | -1.0 | 55% |
| 2019 | 497,471 | 379,253 | 118,218 | 2.4 | 55% |
| 2020 | 557,744 | 383,098 | 174,646 | 7.9 | 64% |
| 2021 | 549,786 | 420,513 | 129,273 | 10.9 | 58% |
| 2022 | 407,375 | 489,101 | −81,726 | 7.3 | 56% |
| 2023 | 555,901 | 511,489 | 44,412 | 8.0 | 55% |
In its most recent public year (2023), this organization brought in $44,412 more than it spent. Its reserves stood at about 8 months of spending, up from 3.6 in 2011. Staff pay was 55% of spending. $81,138 of its net assets are donor-restricted.
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
Hmong Cultural Center Of Minnesota'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