The Multicultural Alliance
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 182,602 | 186,541 | −3,939 | 12.9 | 66% |
| 2021 | 144,366 | 167,786 | −23,420 | 12.7 | 73% |
| 2022 | 192,708 | 175,980 | 16,728 | 13.2 | 58% |
| 2023 | 158,004 | 156,883 | 1,121 | 14.9 | 59% |
In its most recent public year (2023), this organization brought in $1,121 more than it spent. Its reserves stood at about 14.9 months of spending, up from 12.9 in 2020. Staff pay was 59% 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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