Howard County Center Of African American Culture
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,834 | 36,106 | 30,728 | 88.6 | 0% |
| 2021 | 96,761 | 59,859 | 36,902 | 60.9 | 0% |
| 2022 | 94,580 | 56,800 | 37,780 | 67.2 | 0% |
| 2023 | 114,552 | 82,277 | 32,275 | 43.5 | 0% |
In its most recent public year (2023), this organization brought in $32,275 more than it spent. Its reserves stood at about 43.5 months of spending, down from 88.6 in 2020. Staff pay was 0% of spending. $225,598 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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