Mexican Cultural Institute Of Laredo Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 13,500 | 14,444 | −944 | 19.6 | — |
| 2021 | 25,760 | 30,641 | −4,881 | 7.3 | — |
| 2022 | 47,663 | 42,042 | 5,621 | 6.9 | — |
| 2023 | 43,773 | 42,676 | 1,097 | 7.1 | — |
In its most recent public year (2023), this organization brought in $1,097 more than it spent. Its reserves stood at about 7.1 months of spending, down from 19.6 in 2020.
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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