Swedish Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 553,340 | 581,312 | −27,972 | 5.2 | 35% |
| 2012 | 795,011 | 595,196 | 199,815 | 9.1 | 37% |
| 2013 | 710,814 | 662,750 | 48,064 | 9.1 | 41% |
| 2014 | 638,494 | 655,173 | −16,679 | 8.9 | 38% |
| 2015 | 579,203 | 527,830 | 51,373 | 12.2 | 44% |
| 2016 | 3,394,656 | 1,421,617 | 1,973,039 | 21.2 | 13% |
| 2017 | 479,365 | 535,383 | −56,018 | 55.5 | 41% |
| 2018 | 641,706 | 655,513 | −13,807 | 45.0 | 31% |
| 2019 | 967,495 | 838,477 | 129,018 | 39.5 | 37% |
| 2020 | 2,732,332 | 952,263 | 1,780,069 | 56.8 | 29% |
| 2021 | 1,587,233 | 928,179 | 659,054 | 67.9 | 34% |
| 2022 | 417,917 | 741,525 | −323,608 | 76.9 | 36% |
| 2023 | 872,236 | 897,668 | −25,432 | 60.8 | 11% |
In its most recent public year (2023), this organization spent $25,432 more than it brought in. Its reserves stood at about 60.8 months of spending, up from 5.2 in 2011. Staff pay was 11% of spending. $70,000 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 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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