Multi-Cultural Development Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 397,297 | 381,001 | 16,296 | 0.7 | 73% |
| 2011 | 582,894 | 569,076 | 13,818 | 1.4 | 48% |
| 2012 | 353,791 | 368,359 | −14,568 | 1.6 | 72% |
| 2013 | 375,529 | 399,288 | −23,759 | 0.8 | 60% |
| 2014 | 372,715 | 389,692 | −16,977 | 0.3 | 57% |
| 2015 | 364,157 | 464,763 | −100,606 | -1.8 | 66% |
| 2016 | 466,313 | 515,990 | −49,677 | -4.2 | 62% |
| 2017 | 543,409 | 537,885 | 5,524 | -9.7 | 67% |
| 2018 | 631,218 | 563,403 | 67,815 | -12.9 | 67% |
| 2019 | 808,397 | 635,783 | 172,614 | -14.2 | 60% |
| 2020 | 932,038 | 837,795 | 94,243 | -10.0 | 53% |
| 2021 | 1,622,072 | 923,896 | 698,176 | -11.2 | 56% |
| 2022 | 1,916,984 | 1,003,604 | 913,380 | -8.9 | 66% |
| 2023 | 1,264,659 | 1,004,069 | 260,590 | -5.8 | 73% |
In its most recent public year (2023), this organization brought in $260,590 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-5.8 months), down from 0.7 in 2010. Staff pay was 73% 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
Multi-Cultural Development Center's IRS filings as a feed — one entry per filing year, through 2023. 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