Madam Walker Legacy Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 959,735 | 1,048,321 | −88,586 | 26.3 | 31% |
| 2012 | 713,641 | 1,244,493 | −530,852 | 17.0 | 27% |
| 2013 | 1,618,956 | 1,143,913 | 475,043 | 23.5 | 0% |
| 2014 | 941,195 | 931,694 | 9,501 | 28.9 | 25% |
| 2016 | 1,003,323 | 895,681 | 107,642 | 32.5 | 28% |
| 2017 | 676,798 | 886,699 | −209,901 | 30.0 | 36% |
| 2018 | 726,656 | 907,133 | −180,477 | 40.3 | 29% |
| 2019 | 3,753,142 | 498,375 | 3,254,767 | 151.7 | 49% |
| 2020 | 10,086,906 | 540,735 | 9,546,171 | 351.7 | 53% |
| 2021 | 1,800,443 | 8,469,177 | −6,668,734 | 13.0 | 3% |
| 2022 | 3,325,011 | 2,552,291 | 772,720 | 46.8 | 18% |
| 2023 | 1,412,134 | 1,962,369 | −550,235 | 54.6 | 23% |
In its most recent public year (2023), this organization spent $550,235 more than it brought in. Its reserves stood at about 54.6 months of spending, up from 26.3 in 2011. Staff pay was 23% of spending. $545,151 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
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