Diaspora Arts Connection Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 75,695 | 133,681 | −57,986 | -5.2 | — |
| 2017 | 268,537 | 361,756 | −93,219 | -5.2 | 24% |
| 2018 | 276,630 | 263,511 | 13,119 | -6.6 | 2% |
| 2019 | 289,709 | 289,911 | −202 | -6.1 | 2% |
| 2020 | 242,321 | 146,473 | 95,848 | -4.3 | 17% |
| 2021 | 261,357 | 224,725 | 36,632 | -0.9 | 12% |
| 2022 | 353,931 | 439,714 | −85,783 | -2.9 | 21% |
| 2023 | 370,903 | 378,612 | −7,709 | -3.8 | 2% |
In its most recent public year (2023), this organization spent $7,709 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.8 months), up from -5.2 in 2016. Staff pay was 2% 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
Diaspora Arts Connection Inc'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