Cultural Organization Of Lowell
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 190,011 | 135,282 | 54,729 | 7.3 | 8% |
| 2020 | 67,664 | 68,118 | −454 | 14.5 | 0% |
| 2021 | 6,494 | 12,685 | −6,191 | 75.2 | 0% |
| 2022 | 23,258 | 9,328 | 13,930 | 116.4 | 0% |
| 2023 | 21,704 | 10,082 | 11,622 | 123.4 | 0% |
| 2024 | 18,330 | 9,745 | 8,585 | 141.8 | 0% |
In its most recent public year (2024), this organization brought in $8,585 more than it spent. Its reserves stood at about 141.8 months of spending, up from 7.3 in 2019. Staff pay was 0% 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 2024. 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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