Bessie Smith Cultural Center African American Museum &
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 406,876 | 481,672 | −74,796 | 16.9 | 36% |
| 2012 | 395,235 | 451,535 | −56,300 | 16.9 | 42% |
| 2013 | 477,442 | 532,193 | −54,751 | 13.1 | 36% |
| 2014 | 572,644 | 646,962 | −74,318 | 9.7 | 27% |
| 2015 | 465,004 | 544,447 | −79,443 | 9.7 | 34% |
| 2016 | 370,247 | 449,574 | −79,327 | 12.8 | 29% |
| 2017 | 448,505 | 457,214 | −8,709 | 12.4 | 35% |
| 2018 | 705,687 | 631,611 | 74,076 | 10.5 | 21% |
| 2019 | 664,300 | 647,475 | 16,825 | 10.5 | 27% |
| 2020 | 538,513 | 650,966 | −112,453 | 8.4 | 30% |
| 2021 | 883,157 | 722,342 | 160,815 | 10.3 | 22% |
| 2022 | 800,408 | 769,640 | 30,768 | 10.1 | 33% |
| 2023 | 728,503 | 726,467 | 2,036 | 10.7 | 35% |
In its most recent public year (2023), this organization brought in $2,036 more than it spent. Its reserves stood at about 10.7 months of spending, down from 16.9 in 2011. Staff pay was 35% 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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