Multicultural Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 634,449 | 603,395 | 31,054 | 7.1 | 56% |
| 2012 | 749,557 | 618,801 | 130,756 | 9.4 | 58% |
| 2013 | 856,450 | 769,628 | 86,822 | 8.9 | 51% |
| 2014 | 926,256 | 907,424 | 18,832 | 7.8 | 52% |
| 2015 | 814,085 | 829,337 | −15,252 | 8.3 | 53% |
| 2016 | 641,633 | 636,749 | 4,884 | 11.0 | 62% |
| 2017 | 740,355 | 674,395 | 65,960 | 11.5 | 60% |
| 2018 | 826,188 | 762,624 | 63,564 | 11.2 | 57% |
| 2019 | 914,905 | 914,159 | 746 | 9.3 | 56% |
| 2020 | 1,059,007 | 888,031 | 170,976 | 11.9 | 59% |
| 2021 | 1,022,088 | 941,724 | 80,364 | 12.3 | 64% |
| 2022 | 1,106,239 | 1,073,190 | 33,049 | 11.1 | 63% |
| 2023 | 1,236,574 | 1,130,828 | 105,746 | 11.7 | 57% |
In its most recent public year (2023), this organization brought in $105,746 more than it spent. Its reserves stood at about 11.7 months of spending, up from 7.1 in 2011. Staff pay was 57% 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
Multicultural Institute'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