Shreveport Multicultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 284,281 | 260,407 | 23,874 | 10.7 | 32% |
| 2021 | 268,272 | 253,932 | 14,340 | 11.6 | 32% |
| 2022 | 283,983 | 287,975 | −3,992 | 10.1 | 30% |
| 2023 | 341,149 | 300,602 | 40,547 | 11.3 | 28% |
In its most recent public year (2023), this organization brought in $40,547 more than it spent. Its reserves stood at about 11.3 months of spending. Staff pay was 28% 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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