African American Family & Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 265,164 | 300,542 | −35,378 | -1.3 | 46% |
| 2018 | 376,714 | 342,699 | 34,015 | 0.1 | 46% |
| 2019 | 337,301 | 357,369 | −20,068 | -0.6 | 49% |
| 2020 | 450,845 | 377,087 | 73,758 | 1.8 | 47% |
| 2021 | 561,172 | 511,632 | 49,540 | 2.5 | 41% |
| 2022 | 541,196 | 482,750 | 58,446 | 4.1 | 53% |
| 2023 | 534,094 | 451,650 | 82,444 | 6.5 | 51% |
In its most recent public year (2023), this organization brought in $82,444 more than it spent. Its reserves stood at about 6.5 months of spending, up from -1.3 in 2017. Staff pay was 51% 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
African American Family & Cultural Center'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