Spanish American Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 445,586 | 446,590 | −1,004 | 11.5 | 55% |
| 2012 | 450,923 | 459,178 | −8,255 | 11.0 | 47% |
| 2013 | 454,337 | 465,334 | −10,997 | 10.6 | 48% |
| 2014 | 561,986 | 482,654 | 79,332 | 12.2 | 0% |
| 2015 | 628,333 | 572,399 | 55,934 | 11.4 | 38% |
| 2016 | 632,293 | 608,809 | 23,484 | 11.2 | 39% |
| 2017 | 606,146 | 580,890 | 25,256 | 12.3 | 37% |
| 2018 | 594,562 | 561,116 | 33,446 | 13.4 | 38% |
| 2019 | 567,281 | 589,599 | −22,318 | 13.7 | 42% |
| 2020 | 724,930 | 672,495 | 52,435 | 13.0 | 41% |
| 2022 | 2,670,728 | 2,338,729 | 331,999 | 6.1 | 23% |
| 2023 | 1,668,525 | 1,962,810 | −294,285 | 5.5 | 36% |
In its most recent public year (2023), this organization spent $294,285 more than it brought in. Its reserves stood at about 5.5 months of spending, down from 11.5 in 2011. Staff pay was 36% 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
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