Afro-American Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,726,345 | 1,942,371 | 783,974 | 41.4 | 32% |
| 2012 | 1,008,114 | 1,717,713 | −709,599 | 41.8 | 36% |
| 2013 | 1,815,657 | 2,068,129 | −252,472 | 33.3 | 34% |
| 2014 | 1,576,672 | 2,147,690 | −571,018 | 31.7 | 32% |
| 2015 | 1,418,646 | 1,750,663 | −332,017 | 37.0 | 37% |
| 2016 | 2,413,535 | 1,857,194 | 556,341 | 39.4 | 33% |
| 2017 | 2,083,242 | 1,942,059 | 141,183 | 40.5 | 33% |
| 2018 | 3,005,479 | 1,864,818 | 1,140,661 | 52.3 | 36% |
| 2019 | 2,828,509 | 2,043,076 | 785,433 | 53.4 | 38% |
| 2020 | 1,099,643 | 1,787,815 | −688,172 | 56.1 | 44% |
| 2021 | 1,926,817 | 1,722,175 | 204,642 | 71.0 | 51% |
| 2022 | 2,392,870 | 2,137,288 | 255,582 | 51.9 | 45% |
| 2023 | 3,103,194 | 3,182,261 | −79,067 | 36.8 | 42% |
In its most recent public year (2023), this organization spent $79,067 more than it brought in. Its reserves stood at about 36.8 months of spending, down from 41.4 in 2011. Staff pay was 42% of spending. $5,390,678 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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