French-American Cultural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 507,808 | 431,991 | 75,817 | 2.4 | 50% |
| 2020 | 363,732 | 371,610 | −7,878 | 2.5 | 54% |
| 2021 | 504,207 | 547,846 | −43,639 | 0.7 | 34% |
| 2022 | 370,602 | 393,933 | −23,331 | 0.3 | 34% |
| 2023 | 497,164 | 486,154 | 11,010 | 0.5 | 29% |
In its most recent public year (2023), this organization brought in $11,010 more than it spent. Its reserves stood at about 0.5 months of spending, down from 2.4 in 2019. Staff pay was 29% 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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