African Culture Connection
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,298 | 115,169 | 10,129 | 3.9 | — |
| 2012 | 138,374 | 105,446 | 32,928 | 8.0 | — |
| 2013 | 92,431 | 128,620 | −36,189 | 3.2 | — |
| 2014 | 282,556 | 209,258 | 73,298 | 6.1 | 50% |
| 2015 | 426,010 | 228,076 | 197,934 | 16.0 | 64% |
| 2016 | 134,305 | 218,709 | −84,404 | 12.1 | 63% |
| 2017 | 105,352 | 201,252 | −95,900 | 7.4 | 54% |
| 2018 | 172,811 | 129,135 | 43,676 | 15.6 | — |
| 2019 | 314,698 | 471,376 | −156,678 | 0.3 | 33% |
| 2020 | 388,054 | 383,536 | 4,518 | 0.5 | 33% |
| 2021 | 588,928 | 401,944 | 186,984 | 6.1 | 33% |
| 2022 | 403,397 | 438,878 | −35,481 | 4.6 | 36% |
| 2023 | 419,606 | 493,185 | −73,579 | 2.3 | 34% |
| 2024 | 569,996 | 459,483 | 110,513 | 5.3 | 28% |
In its most recent public year (2024), this organization brought in $110,513 more than it spent. Its reserves stood at about 5.3 months of spending, up from 3.9 in 2011. Staff pay was 28% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works