Valley Cultural Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 651,657 | 718,961 | −67,304 | 9.4 | 15% |
| 2011 | 683,768 | 717,901 | −34,133 | 8.6 | 27% |
| 2012 | 553,413 | 607,416 | −54,003 | 9.1 | 28% |
| 2013 | 606,262 | 608,481 | −2,219 | 8.8 | 28% |
| 2014 | 647,550 | 727,812 | −80,262 | 6.0 | 27% |
| 2015 | 696,981 | 732,286 | −35,305 | 5.2 | 27% |
| 2016 | 695,909 | 720,034 | −24,125 | 5.0 | 26% |
| 2017 | 709,349 | 667,292 | 42,057 | 6.1 | 14% |
| 2018 | 824,118 | 890,900 | −66,782 | 3.7 | 9% |
| 2019 | 685,627 | 960,349 | −274,722 | 0.1 | 13% |
| 2020 | 381,497 | 398,475 | −16,978 | -0.3 | 22% |
| 2021 | 475,598 | 598,834 | −123,236 | -2.7 | 24% |
| 2022 | 1,144,685 | 1,029,345 | 115,340 | -0.0 | 11% |
| 2023 | 1,868,859 | 1,863,777 | 5,082 | 0.0 | 6% |
In its most recent public year (2023), this organization brought in $5,082 more than it spent. Its reserves stood at about 0 months of spending, down from 9.4 in 2010. Staff pay was 6% of spending. $139,756 of its net assets are donor-restricted.
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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