The Africa-America Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,357,649 | 3,227,317 | −869,668 | 22.8 | 17% |
| 2012 | 1,434,013 | 2,171,942 | −737,929 | 33.2 | 31% |
| 2013 | 1,826,409 | 1,909,374 | −82,965 | 37.3 | 18% |
| 2014 | 960,720 | 1,632,133 | −671,413 | 38.2 | 15% |
| 2015 | 1,018,907 | 1,513,270 | −494,363 | 33.4 | 18% |
| 2016 | 145,929 | 450,760 | −304,831 | 81.5 | 27% |
| 2017 | 4,828,154 | 3,046,966 | 1,781,188 | 19.4 | 18% |
| 2018 | 2,570,828 | 3,360,252 | −789,424 | 14.2 | 19% |
| 2019 | 2,315,621 | 3,137,359 | −821,738 | 10.9 | 23% |
| 2020 | 2,951,937 | 2,366,790 | 585,147 | 18.4 | 28% |
| 2021 | 2,165,945 | 2,090,541 | 75,404 | 21.8 | 33% |
| 2022 | 2,499,412 | 3,425,065 | −925,653 | 7.2 | 19% |
| 2023 | 3,466,370 | 3,835,511 | −369,141 | 6.4 | 20% |
In its most recent public year (2023), this organization spent $369,141 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 22.8 in 2011. Staff pay was 20% of spending. $1,417,234 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
The Africa-America Institute's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works