Multi-Cultural Festival Of Wv Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 120,048 | 118,984 | 1,064 | 0.1 | — |
| 2012 | 107,480 | 98,133 | 9,347 | 1.3 | — |
| 2013 | 106,722 | 125,034 | −18,312 | -0.7 | — |
| 2014 | 170,219 | 174,873 | −4,654 | -0.9 | — |
| 2015 | 134,249 | 102,864 | 31,385 | 2.2 | — |
| 2016 | 93,887 | 100,955 | −7,068 | 1.4 | — |
| 2017 | 84,081 | 82,874 | 1,207 | 1.9 | — |
| 2018 | 116,971 | 101,042 | 15,929 | 3.4 | — |
| 2019 | 116,181 | 113,567 | 2,614 | 3.3 | — |
| 2020 | 16,283 | 4,364 | 11,919 | 119.7 | — |
| 2021 | 126,234 | 129,782 | −3,548 | 3.7 | — |
| 2022 | 199,681 | 218,879 | −19,198 | 1.1 | — |
| 2023 | 278,345 | 291,833 | −13,488 | 0.3 | 2% |
In its most recent public year (2023), this organization spent $13,488 more than it brought in. Its reserves stood at about 0.3 months of spending. Staff pay was 2% 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
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