Multicultural Academy Charter School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,361,513 | 2,671,765 | −310,252 | 7.7 | 44% |
| 2012 | 2,736,065 | 2,786,012 | −49,947 | 7.2 | 41% |
| 2013 | 2,604,668 | 3,156,287 | −551,619 | 4.2 | 39% |
| 2014 | 2,898,887 | 2,706,803 | 192,084 | 5.8 | 47% |
| 2015 | 2,865,483 | 2,846,494 | 18,989 | -7.0 | 46% |
| 2016 | 2,829,285 | 2,868,169 | −38,884 | -7.1 | 46% |
| 2017 | 3,084,665 | 3,191,216 | −106,551 | -6.8 | 44% |
| 2018 | 3,200,604 | 3,106,708 | 93,896 | -7.3 | 48% |
| 2019 | 3,441,706 | 3,233,496 | 208,210 | -6.2 | 50% |
| 2020 | 3,848,330 | 3,339,928 | 508,402 | -4.2 | 51% |
| 2021 | 4,536,128 | 3,768,287 | 767,841 | -1.3 | 47% |
| 2022 | 4,679,075 | 4,281,705 | 397,370 | 0.0 | 47% |
| 2023 | 4,466,750 | 4,458,021 | 8,729 | 0.0 | 47% |
In its most recent public year (2023), this organization brought in $8,729 more than it spent. Its reserves stood at about 0 months of spending, down from 7.7 in 2011. Staff pay was 47% 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 Academy Charter School'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