African American Heritage Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 405,082 | 483,963 | −78,881 | 58.1 | 50% |
| 2012 | 319,844 | 489,511 | −169,667 | 53.3 | 52% |
| 2013 | 306,292 | 429,815 | −123,523 | 57.2 | 50% |
| 2014 | 329,389 | 407,996 | −78,607 | 58.2 | 39% |
| 2015 | 338,649 | 360,409 | −21,760 | 65.1 | 33% |
| 2016 | 485,037 | 427,338 | 57,699 | 57.8 | 42% |
| 2017 | 385,191 | 463,183 | −77,992 | 51.4 | 44% |
| 2018 | 342,489 | 454,390 | −111,901 | 50.2 | 43% |
| 2019 | 444,399 | 474,019 | −29,620 | 47.4 | 42% |
| 2020 | 434,917 | 468,320 | −33,403 | 47.3 | 45% |
| 2021 | 548,617 | 503,385 | 45,232 | 45.2 | 40% |
| 2022 | 1,630,745 | 580,269 | 1,050,476 | 61.5 | 40% |
| 2023 | 2,372,615 | 613,381 | 1,759,234 | 109.9 | 36% |
In its most recent public year (2023), this organization brought in $1,759,234 more than it spent. Its reserves stood at about 109.9 months of spending, up from 58.1 in 2011. Staff pay was 36% of spending. $3,142,650 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
African American Heritage Foundation'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