Iowa European Cultural Connection
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 70,326 | 40,286 | 30,040 | 8.9 | — |
| 2018 | 115,961 | 119,006 | −3,045 | 3.7 | — |
| 2019 | 136,067 | 129,940 | 6,127 | 3.9 | — |
| 2020 | 31,935 | 37,451 | −5,516 | 8.9 | — |
| 2021 | 49,501 | 42,143 | 7,358 | 10.0 | — |
| 2022 | 214,405 | 170,564 | 43,841 | 5.6 | 0% |
| 2023 | 233,928 | 228,739 | 5,189 | 4.4 | 0% |
| 2024 | 310,328 | 254,255 | 56,073 | 6.5 | 0% |
In its most recent public year (2024), this organization brought in $56,073 more than it spent. Its reserves stood at about 6.5 months of spending, down from 8.9 in 2016. 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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