American Romanian Cultural Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 140,121 | 132,971 | 7,150 | 4.8 | — |
| 2021 | 191,651 | 159,971 | 31,680 | 6.4 | — |
| 2022 | 178,712 | 193,516 | −14,804 | 4.3 | — |
| 2023 | 153,489 | 179,237 | −25,748 | 2.5 | — |
In its most recent public year (2023), this organization spent $25,748 more than it brought in. Its reserves stood at about 2.5 months of spending, down from 4.8 in 2020.
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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