Multicultural Leadership Institute
- Assets
- $292.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IL
- Founding
- 08/2014
- Data as of
- 06/2023
- EIN
- 46-1313977
Organization Overview
Multicultural Leadership Institute is located in Bloomington, IL. The organization was established in 2014. According to its NTEE Classification (W70) the organization is classified as: Leadership Development, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Multicultural Leadership Institute is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Multicultural Leadership Institute generated $97.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $84.5k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
FROM JULY 2022 TO MARCH 2023, 18 INDIVIDUALS COMPLETEDTHE INTENSE LEADERSHIP DEVELOPMENT CURRICULUM WHICHINCLUDED SIGNIFICANT SERVICE PROJECTS FOR FOUR LOCAL NONPROFITS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Peoples President | 3 | $0 | |
Bert Neptune Treasurer | 3 | $0 | |
Erica Scott Vice President | 3 | $0 | |
Simran Sandhu Secretary | 4 | $0 | |
Sonya Mau Board Member | 1 | $0 | |
Christy Borders Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,655 |
| Total Program Service Revenue | $28,030 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $97,685 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $47,765 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $34,418 |
| Total expenses | $84,533 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $288,536 |
| Other assets | $0 |
| Total assets | $292,619 |
| Total liabilities | $253 |
| Net assets or fund balances | $292,366 |