Sarasota African American Cultural Coalition Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 104,074 | 64,524 | 39,550 | 7.4 | 73% |
| 2020 | 120,671 | 90,761 | 29,910 | 9.2 | 0% |
| 2021 | 342,427 | 115,222 | 227,205 | 30.9 | 61% |
| 2022 | 313,393 | 173,611 | 139,782 | 30.2 | 63% |
In its most recent public year (2022), this organization brought in $139,782 more than it spent. Its reserves stood at about 30.2 months of spending, up from 7.4 in 2019. Staff pay was 63% of spending. $150,000 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 2022. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works