Somali Artifact And Cultural Museum
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 69,935 | 62,470 | 7,465 | 37.6 | 30% |
| 2016 | 185,776 | 172,239 | 13,537 | 14.6 | 25% |
| 2017 | 262,874 | 235,948 | 26,926 | 12.0 | 0% |
| 2018 | 301,860 | 255,326 | 46,534 | 7.7 | 44% |
| 2019 | 301,156 | 249,721 | 51,435 | 10.4 | 0% |
| 2020 | 298,487 | 188,552 | 109,935 | 7.0 | 49% |
| 2021 | 236,232 | 185,988 | 50,244 | 12.3 | 52% |
| 2022 | 373,220 | 314,335 | 58,885 | 9.5 | 43% |
| 2023 | 616,920 | 637,017 | −20,097 | 1.1 | 42% |
In its most recent public year (2023), this organization spent $20,097 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 37.6 in 2015. Staff pay was 42% 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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