Community Minority Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 89,818 | 97,140 | −7,322 | -6.0 | — |
| 2017 | 71,882 | 53,516 | 18,366 | -6.8 | — |
| 2018 | 64,462 | 58,612 | 5,850 | -5.0 | — |
| 2019 | 10,822 | 34,240 | −23,418 | -16.8 | — |
| 2020 | 44,682 | 32,112 | 12,570 | -13.3 | — |
| 2021 | 14,197 | 19,510 | −5,313 | -25.1 | — |
| 2022 | 5,500 | 19,493 | −13,993 | -33.7 | — |
| 2023 | 8,025 | 24,017 | −15,992 | -35.4 | — |
In its most recent public year (2023), this organization spent $15,992 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-35.4 months), down from -6 in 2016.
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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