Institute For Multicultural Communications Coop & Develop
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 50,723 | 53,608 | −2,885 | -35.2 | — |
| 2020 | 52,497 | 10,179 | 42,318 | -135.3 | — |
In its most recent public year (2020), this organization brought in $42,318 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-135.3 months), down from -35.2 in 2019.
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 2020. 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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