Martin Luther King Multi-Service Center Indianapolis Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 622,873 | 713,174 | −90,301 | 26.2 | 43% |
| 2012 | 430,538 | 594,220 | −163,682 | 28.1 | 31% |
| 2013 | 538,099 | 762,355 | −224,256 | 18.4 | 41% |
| 2014 | 384,475 | 398,940 | −14,465 | 33.9 | 40% |
| 2015 | 309,119 | 336,383 | −27,264 | 39.2 | 33% |
| 2016 | 409,059 | 460,344 | −51,285 | 27.3 | 30% |
| 2017 | 698,231 | 686,692 | 11,539 | 18.5 | 40% |
| 2018 | 1,113,456 | 943,821 | 169,635 | 15.6 | 43% |
| 2019 | 1,135,419 | 1,110,987 | 24,432 | 13.5 | 42% |
| 2020 | 1,751,963 | 1,181,788 | 570,175 | 18.5 | 36% |
| 2021 | 5,319,711 | 3,721,923 | 1,597,788 | 11.0 | 28% |
| 2022 | 3,976,008 | 2,200,567 | 1,775,441 | 33.8 | 57% |
| 2023 | 8,624,254 | 2,906,062 | 5,718,192 | 49.2 | 52% |
In its most recent public year (2023), this organization brought in $5,718,192 more than it spent. Its reserves stood at about 49.2 months of spending, up from 26.2 in 2011. Staff pay was 52% of spending. $7,220,945 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
Martin Luther King Multi-Service Center Indianapolis Incorporated'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