Multicultural Learning Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,198,671 | 3,099,752 | 98,919 | 5.0 | 52% |
| 2012 | 3,410,730 | 3,297,515 | 113,215 | 5.1 | 51% |
| 2013 | 3,491,634 | 3,568,220 | −76,586 | 4.5 | 51% |
| 2014 | 4,129,826 | 3,926,673 | 203,153 | 4.7 | 46% |
| 2015 | 4,011,943 | 4,001,149 | 10,794 | 4.6 | 47% |
| 2016 | 4,649,456 | 4,353,465 | 295,991 | 5.1 | 46% |
| 2017 | 4,913,816 | 4,653,019 | 260,797 | 5.4 | 49% |
| 2018 | 5,533,845 | 5,790,244 | −256,399 | 3.8 | 46% |
| 2019 | 6,468,302 | 6,436,071 | 32,231 | 3.5 | 47% |
| 2020 | 6,354,030 | 6,145,607 | 208,423 | 4.1 | 48% |
| 2021 | 6,708,962 | 6,265,470 | 443,492 | 4.9 | 48% |
| 2022 | 7,970,574 | 7,975,473 | −4,899 | 3.8 | 48% |
| 2023 | 9,762,492 | 9,471,568 | 290,924 | 3.6 | 42% |
In its most recent public year (2023), this organization brought in $290,924 more than it spent. Its reserves stood at about 3.6 months of spending, down from 5 in 2011. Staff pay was 42% of spending. $56,594 of its net assets are donor-restricted.
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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