European-American Cultural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 310,285 | 223,407 | 86,878 | 4.7 | 16% |
| 2015 | 351,643 | 268,969 | 82,674 | 7.6 | 40% |
| 2016 | 178,376 | 172,998 | 5,378 | 2.2 | 62% |
| 2017 | 32,980 | 50,330 | −17,350 | 1.4 | — |
| 2018 | 103,240 | 40,584 | 62,656 | 20.3 | — |
| 2019 | 105,592 | 70,439 | 35,153 | 17.7 | — |
| 2020 | 0 | 18,426 | −18,426 | 54.2 | — |
| 2021 | 0 | 17,467 | −17,467 | 44.5 | — |
| 2022 | 0 | 7,657 | −7,657 | 89.5 | — |
| 2023 | 0 | 7,481 | −7,481 | 83.8 | — |
In its most recent public year (2023), this organization spent $7,481 more than it brought in. Its reserves stood at about 83.8 months of spending, up from 4.7 in 2014.
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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