Festival Puertorriqueno De Massachusetts Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 21,860 | 14,732 | 7,128 | 17.8 | — |
| 2014 | 36,897 | 0 | 36,897 | — | — |
| 2015 | 185,121 | 151,755 | 33,366 | 5.6 | — |
| 2016 | 144,471 | 150,876 | −6,405 | 5.1 | — |
| 2017 | 178,626 | 167,984 | 10,642 | 5.3 | — |
| 2018 | 189,989 | 187,612 | 2,377 | 4.9 | — |
| 2019 | 77,617 | 68,263 | 9,354 | 15.2 | — |
| 2020 | 23,735 | 43,572 | −19,837 | 18.3 | — |
| 2021 | 0 | 1,448 | −1,448 | 538.2 | — |
| 2022 | 187,935 | 141,425 | 46,510 | 9.6 | — |
| 2023 | 125,049 | 131,633 | −6,584 | 9.7 | — |
In its most recent public year (2023), this organization spent $6,584 more than it brought in. Its reserves stood at about 9.7 months of spending, down from 17.8 in 2012.
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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