Nigerian American Multicultural Center Namc Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 184,518 | 33,559 | 150,959 | 58.0 | 0% |
| 2013 | 21,637 | 13,766 | 7,871 | 148.2 | 0% |
| 2014 | 49,253 | 25,495 | 23,758 | 91.4 | 0% |
| 2015 | 57,920 | 46,585 | 11,335 | 53.8 | 0% |
| 2016 | 54,129 | 35,451 | 18,678 | 77.1 | 0% |
| 2017 | 43,696 | 26,904 | 16,792 | 109.0 | 6% |
| 2018 | 73,365 | 48,395 | 24,970 | 64.5 | 2% |
| 2019 | 84,426 | 42,660 | 41,766 | 87.5 | 7% |
| 2020 | 41,951 | 17,573 | 24,378 | 229.8 | 27% |
| 2021 | 45,997 | 62,173 | −16,176 | 61.4 | 13% |
| 2022 | 81,236 | 49,844 | 31,392 | 82.8 | 14% |
| 2023 | 85,907 | 66,784 | 19,123 | 65.2 | 4% |
In its most recent public year (2023), this organization brought in $19,123 more than it spent. Its reserves stood at about 65.2 months of spending, up from 58 in 2012. Staff pay was 4% 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
Nigerian American Multicultural Center Namc 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