Hungarian Magyar Club Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,665 | 12,309 | 7,356 | 180.6 | — |
| 2012 | 19,805 | 9,728 | 10,077 | 240.9 | — |
| 2013 | 11,650 | 23,820 | −12,170 | 92.3 | — |
| 2014 | 94,766 | 62,740 | 32,026 | 41.4 | — |
| 2015 | 10,743 | 26,392 | −15,649 | 91.2 | — |
| 2016 | 19,149 | 11,956 | 7,193 | 208.6 | — |
| 2017 | 18,100 | 22,803 | −4,703 | 106.9 | — |
| 2018 | 28,902 | 13,719 | 15,183 | 191.0 | — |
| 2019 | 29,886 | 15,213 | 14,673 | 183.8 | — |
| 2020 | 10,261 | 11,280 | −1,019 | 246.8 | — |
| 2021 | −26,534 | 7,523 | −34,057 | 315.7 | — |
| 2022 | 22,707 | 15,304 | 7,403 | 161.0 | — |
| 2023 | 12,364 | 7,542 | 4,822 | 334.4 | — |
In its most recent public year (2023), this organization brought in $4,822 more than it spent. Its reserves stood at about 334.4 months of spending, up from 180.6 in 2011.
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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