Theresa Wang Chinese Culture Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 54,000 | 53,303 | 697 | 0.2 | 0% |
| 2020 | 760,344 | 99,482 | 660,862 | 79.8 | 0% |
| 2022 | 11,153,900 | 118,418 | 11,035,482 | 1196.0 | 0% |
| 2023 | 205,000 | 85,300 | 119,700 | 1677.2 | 0% |
In its most recent public year (2023), this organization brought in $119,700 more than it spent. Its reserves stood at about 1677.2 months of spending, up from 0.2 in 2019. Staff pay was 0% 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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