Milky Way Educational And Cultural Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 55,425 | 45,869 | 9,556 | 2.5 | 0% |
| 2019 | 67,743 | 64,481 | 3,262 | 2.4 | 0% |
| 2020 | 77,930 | 39,671 | 38,259 | 15.5 | 0% |
| 2021 | 77,992 | 60,310 | 17,682 | 13.7 | 0% |
| 2022 | 119,945 | 99,786 | 20,159 | 10.7 | 0% |
In its most recent public year (2022), this organization brought in $20,159 more than it spent. Its reserves stood at about 10.7 months of spending, up from 2.5 in 2018. Staff pay was 0% 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
Milky Way Educational And Cultural Association's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works