Multicultural Learning Center Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 85,606 | 76,082 | 9,524 | 1.5 | 0% |
| 2018 | 546,262 | 634,237 | −87,975 | -1.5 | 0% |
| 2019 | 620,664 | 606,094 | 14,570 | -1.3 | 0% |
| 2020 | 563,578 | 606,296 | −42,718 | -2.1 | 0% |
| 2021 | 506,743 | 572,718 | −65,975 | -3.6 | 0% |
| 2022 | 510,100 | 565,051 | −54,951 | -4.8 | 0% |
| 2023 | 565,539 | 554,955 | 10,584 | -4.7 | 0% |
In its most recent public year (2023), this organization brought in $10,584 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-4.7 months), down from 1.5 in 2017. 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 Learning Center Foundation'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