Multicultural Music Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 319,888 | 319,396 | 492 | 0.4 | 18% |
| 2012 | 762,878 | 454,169 | 308,709 | 8.3 | 7% |
| 2013 | 531,561 | 567,834 | −36,273 | 5.6 | 7% |
| 2014 | 255,135 | 436,093 | −180,958 | 2.0 | 9% |
| 2015 | 238,631 | 238,434 | 197 | 5.9 | 33% |
| 2016 | 234,850 | 228,993 | 5,857 | 3.3 | 39% |
| 2017 | 235,276 | 254,388 | −19,112 | 2.9 | 44% |
| 2018 | 253,276 | 254,388 | −1,112 | 3.7 | 43% |
| 2019 | 248,838 | 265,611 | −16,773 | 2.9 | 61% |
| 2020 | 217,589 | 217,370 | 219 | 3.6 | 47% |
| 2021 | 158,922 | 158,601 | 321 | 5.0 | 43% |
| 2022 | 236,812 | 236,486 | 326 | 6.1 | 22% |
| 2023 | 249,920 | 249,712 | 208 | 5.8 | 0% |
In its most recent public year (2023), this organization brought in $208 more than it spent. Its reserves stood at about 5.8 months of spending, up from 0.4 in 2011. 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
Multicultural Music Group 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