Louisiana Minority Business Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,004,832 | 1,124,079 | −119,247 | 1.4 | 38% |
| 2011 | 983,202 | 1,097,771 | −114,569 | 0.2 | 38% |
| 2012 | 815,839 | 857,059 | −41,220 | -0.9 | 38% |
| 2013 | 1,146,822 | 1,024,327 | 122,495 | 0.7 | 36% |
| 2014 | 1,432,191 | 1,351,383 | 80,808 | 2.7 | 46% |
| 2015 | 1,292,161 | 1,271,227 | 20,934 | 2.5 | 43% |
| 2016 | 926,050 | 972,057 | −46,007 | 2.7 | 33% |
| 2017 | 838,925 | 773,112 | 65,813 | 4.4 | 33% |
| 2018 | 814,178 | 778,664 | 35,514 | 4.5 | 31% |
| 2019 | 752,058 | 841,267 | −89,209 | 2.9 | 33% |
| 2020 | 686,645 | 555,562 | 131,083 | 7.2 | 48% |
| 2021 | 745,389 | 666,177 | 79,212 | 7.4 | 44% |
| 2022 | 1,002,758 | 906,300 | 96,458 | 6.8 | 32% |
In its most recent public year (2022), this organization brought in $96,458 more than it spent. Its reserves stood at about 6.8 months of spending, up from 1.4 in 2010. Staff pay was 32% 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 2022. 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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