African American Cultural Festival Of Raleigh Wake County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 0 | 0 | — | — |
| 2011 | 125 | 0 | 125 | — | — |
| 2012 | 750 | 315 | 435 | 21.3 | — |
| 2013 | 145,284 | 138,566 | 6,718 | 0.6 | — |
| 2015 | 173,845 | 176,837 | −2,992 | 0.8 | — |
| 2016 | 190,490 | 192,473 | −1,983 | 0.6 | — |
| 2017 | 241,925 | 240,240 | 1,685 | 0.7 | 10% |
| 2018 | 266,075 | 265,120 | 955 | 0.6 | 11% |
| 2019 | 266,315 | 264,312 | 2,003 | 0.7 | 2% |
| 2020 | 136,891 | 87,255 | 49,636 | 9.0 | — |
| 2021 | 128,202 | 184,975 | −56,773 | 0.6 | — |
| 2022 | 319,571 | 280,253 | 39,318 | 2.3 | 20% |
| 2023 | 416,625 | 387,307 | 29,318 | 2.6 | 29% |
In its most recent public year (2023), this organization brought in $29,318 more than it spent. Its reserves stood at about 2.6 months of spending. Staff pay was 29% of spending. $28,064 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 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
African American Cultural Festival Of Raleigh Wake County 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