Spanish Academy
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 79,731 | 71,336 | 8,395 | 1.4 | — |
| 2016 | 115,315 | 100,597 | 14,718 | 2.8 | — |
| 2017 | 119,586 | 132,197 | −12,611 | 1.0 | — |
| 2018 | 150,055 | 148,529 | 1,526 | 1.0 | — |
| 2019 | 212,773 | 217,945 | −5,172 | 0.4 | 71% |
| 2020 | 160,352 | 180,053 | −19,701 | -0.9 | — |
| 2021 | 140,839 | 135,464 | 5,375 | -0.7 | — |
| 2022 | 238,625 | 203,652 | 34,973 | 1.8 | 65% |
| 2023 | 390,365 | 314,229 | 76,136 | 4.1 | 67% |
In its most recent public year (2023), this organization brought in $76,136 more than it spent. Its reserves stood at about 4.1 months of spending, up from 1.4 in 2015. Staff pay was 67% 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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