Martin Luther King Jr Celebration Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 62,271 | 45,293 | 16,978 | 4.5 | — |
| 2019 | 57,992 | 61,699 | −3,707 | 5.6 | — |
| 2020 | 65,399 | 58,770 | 6,629 | 7.3 | — |
| 2021 | 56,244 | 35,989 | 20,255 | 19.1 | — |
| 2022 | 74,346 | 90,660 | −16,314 | 5.4 | — |
| 2023 | 59,580 | 47,889 | 11,691 | 13.2 | — |
| 2024 | 79,104 | 63,626 | 15,478 | 12.9 | — |
In its most recent public year (2024), this organization brought in $15,478 more than it spent. Its reserves stood at about 12.9 months of spending, up from 4.5 in 2018.
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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