African American Cultural Center And Museum Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,176 | 133,176 | 0 | 0.0 | 51% |
| 2012 | 144,584 | 144,584 | 0 | 0.0 | 47% |
| 2013 | 144,549 | 144,549 | 0 | 0.0 | 48% |
| 2014 | 117,688 | 54,204 | 63,484 | 0.3 | 0% |
| 2015 | 109,780 | 109,780 | 0 | 0.0 | 0% |
| 2016 | 109,283 | 109,283 | 0 | 0.0 | 51% |
| 2017 | 118,951 | 69,606 | 49,345 | 0.0 | 0% |
| 2018 | 113,738 | 113,738 | 0 | 0.0 | 47% |
| 2019 | 118,411 | 118,411 | 0 | 0.0 | 36% |
| 2020 | 214,714 | 214,714 | 0 | 0.0 | 19% |
| 2021 | 418,179 | 248,737 | 169,442 | 20.2 | 17% |
| 2022 | 611,842 | 253,199 | 358,643 | 17.0 | 28% |
| 2023 | 495,170 | 309,997 | 185,173 | 12.0 | 31% |
In its most recent public year (2023), this organization brought in $185,173 more than it spent. Its reserves stood at about 12 months of spending, up from 0 in 2011. Staff pay was 31% of spending. $309,997 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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