Midtown Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 564,099 | 472,458 | 91,641 | 6.8 | 0% |
| 2011 | 513,018 | 475,603 | 37,415 | 7.7 | 0% |
| 2012 | 556,811 | 528,858 | 27,953 | 7.5 | 2% |
| 2013 | 473,958 | 481,708 | −7,750 | 8.1 | 3% |
| 2014 | 475,430 | 474,514 | 916 | 8.2 | 3% |
| 2015 | 449,004 | 437,319 | 11,685 | 9.2 | 5% |
| 2016 | 478,214 | 494,731 | −16,517 | 7.8 | 5% |
| 2017 | 525,269 | 466,127 | 59,142 | 9.8 | 6% |
| 2018 | 565,955 | 524,305 | 41,650 | 9.6 | 11% |
| 2019 | 572,371 | 498,313 | 74,058 | 11.9 | 11% |
| 2020 | 416,693 | 510,447 | −93,754 | 9.4 | 47% |
| 2021 | 527,395 | 544,426 | −17,031 | 8.4 | 47% |
| 2022 | 623,996 | 538,346 | 85,650 | 10.3 | 51% |
| 2023 | 528,551 | 615,516 | −86,965 | 7.3 | 48% |
In its most recent public year (2023), this organization spent $86,965 more than it brought in. Its reserves stood at about 7.3 months of spending. Staff pay was 48% 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
Midtown Cultural Center 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