Puerto Rican Folkloric Dance Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 156,499 | 121,414 | 35,085 | 16.5 | — |
| 2021 | 216,220 | 141,726 | 74,494 | 20.5 | 32% |
| 2022 | 157,593 | 154,325 | 3,268 | 19.1 | — |
| 2023 | 244,940 | 208,039 | 36,901 | 16.3 | 37% |
In its most recent public year (2023), this organization brought in $36,901 more than it spent. Its reserves stood at about 16.3 months of spending. Staff pay was 37% 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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