Hispanic Cultural Center Of Midland
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,166 | 105,358 | 18,808 | 30.2 | 0% |
| 2012 | 133,748 | 116,648 | 17,100 | 28.0 | 0% |
| 2013 | 143,816 | 169,658 | −25,842 | 17.4 | 0% |
| 2014 | 114,197 | 109,168 | 5,029 | 27.6 | 0% |
| 2015 | 79,473 | 152,712 | −73,239 | 14.0 | 0% |
| 2016 | 147,752 | 195,363 | −47,611 | 8.0 | 0% |
| 2017 | 238,413 | 155,322 | 83,091 | 16.5 | 0% |
| 2018 | 249,020 | 192,924 | 56,096 | 16.8 | 28% |
| 2019 | 365,588 | 278,041 | 87,547 | 15.4 | 27% |
| 2020 | 177,144 | 202,203 | −25,059 | 19.7 | 30% |
| 2021 | 319,167 | 198,731 | 120,436 | 31.8 | 47% |
| 2022 | 185,592 | 198,585 | −12,993 | 21.5 | 35% |
| 2023 | 390,255 | 401,066 | −10,811 | 10.3 | 33% |
In its most recent public year (2023), this organization spent $10,811 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 30.2 in 2011. Staff pay was 33% 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
Hispanic Cultural Center Of Midland's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works