Cambridge Multicultural Arts Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 406,440 | 410,300 | −3,860 | 3.6 | 33% |
| 2013 | 449,309 | 431,422 | 17,887 | 3.9 | 31% |
| 2014 | 439,153 | 464,001 | −24,848 | 3.0 | 29% |
| 2015 | 417,487 | 461,905 | −44,418 | 1.9 | 32% |
| 2016 | 438,379 | 477,326 | −38,947 | 0.8 | 31% |
| 2017 | 467,852 | 467,236 | 616 | 0.9 | 28% |
| 2018 | 537,983 | 525,679 | 12,304 | 1.2 | 26% |
| 2019 | 430,388 | 440,767 | −10,379 | 1.2 | 33% |
| 2020 | 380,903 | 403,018 | −22,115 | 0.7 | 34% |
| 2021 | 435,016 | 348,045 | 86,971 | 2.1 | 30% |
| 2022 | 551,423 | 575,684 | −24,261 | 1.1 | 19% |
| 2023 | 574,588 | 444,561 | 130,027 | 4.9 | 36% |
| 2024 | 667,202 | 560,433 | 106,769 | 6.2 | 40% |
In its most recent public year (2024), this organization brought in $106,769 more than it spent. Its reserves stood at about 6.2 months of spending, up from 3.6 in 2012. Staff pay was 40% 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 2024. 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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