American Armenian Cultural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 867 | −867 | -4.9 | — |
| 2012 | 3,000 | 1,029 | 1,971 | 18.9 | — |
| 2013 | 3,000 | 1,123 | 1,877 | 37.4 | — |
| 2014 | 3,200 | 3,875 | −675 | 8.7 | — |
| 2015 | 3,000 | 3,459 | −459 | 8.2 | — |
| 2016 | 3,000 | 3,860 | −860 | 4.7 | — |
| 2017 | 3,000 | 4,010 | −1,010 | 1.5 | — |
| 2018 | 7,000 | 9,114 | −2,114 | -2.1 | — |
| 2019 | 9,000 | 11,711 | −2,711 | -4.4 | — |
| 2020 | 0 | 2,252 | −2,252 | -35.1 | — |
| 2021 | 40,000 | 27,181 | 12,819 | 2.8 | — |
| 2022 | 33,670 | 31,474 | 2,196 | 3.2 | — |
| 2023 | 20,000 | 3,837 | 16,163 | 76.9 | — |
In its most recent public year (2023), this organization brought in $16,163 more than it spent. Its reserves stood at about 76.9 months of spending, up from -4.9 in 2011.
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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