Foundation For Multicultural Solutions
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 247,100 | 245,025 | 2,075 | 0.7 | 65% |
| 2012 | 175,707 | 180,740 | −5,033 | 0.6 | — |
| 2013 | 188,619 | 190,048 | −1,429 | 0.5 | — |
| 2014 | 200,919 | 203,369 | −2,450 | 0.3 | 63% |
| 2015 | 161,726 | 162,777 | −1,051 | 0.3 | — |
| 2016 | 157,768 | 156,882 | 886 | 0.3 | — |
| 2017 | 163,704 | 162,204 | 1,500 | 0.4 | — |
| 2018 | 163,681 | 162,481 | 1,200 | 0.5 | — |
| 2019 | 167,014 | 161,080 | 5,934 | 0.8 | — |
| 2020 | 249,090 | 223,214 | 25,876 | 0.0 | 38% |
| 2021 | 279,389 | 249,129 | 30,260 | 2.7 | 35% |
| 2022 | 169,704 | 199,354 | −29,650 | 1.2 | — |
| 2023 | 292,882 | 273,321 | 19,561 | 1.7 | 60% |
In its most recent public year (2023), this organization brought in $19,561 more than it spent. Its reserves stood at about 1.7 months of spending. Staff pay was 60% 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
Foundation For Multicultural Solutions'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