Global Cultural Connections
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,645,841 | 1,607,461 | 38,380 | 0.5 | 21% |
| 2012 | 1,352,292 | 1,269,931 | 82,361 | 1.5 | 27% |
| 2013 | 2,864,395 | 2,970,267 | −105,872 | 0.2 | 12% |
| 2014 | 1,373,583 | 1,501,981 | −128,398 | -0.6 | 33% |
| 2015 | 785,524 | 872,039 | −86,515 | -2.2 | 41% |
| 2016 | 746,452 | 701,684 | 44,768 | -1.9 | 50% |
| 2017 | 281,004 | 253,955 | 27,049 | -4.1 | 47% |
| 2018 | 123,589 | 108,866 | 14,723 | -7.9 | 43% |
| 2019 | 123,126 | 71,880 | 51,246 | -3.4 | 78% |
| 2020 | 115,316 | 103,648 | 11,668 | -1.0 | 84% |
| 2021 | 289,281 | 69,198 | 220,083 | 36.6 | 79% |
| 2022 | 54,460 | 92,249 | −37,789 | 22.6 | — |
| 2023 | 131,795 | 204,805 | −73,010 | 5.9 | — |
In its most recent public year (2023), this organization spent $73,010 more than it brought in. Its reserves stood at about 5.9 months of spending, up from 0.5 in 2011.
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
Global Cultural Connections'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