Logo for "MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED"

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

NEWPORT, RI, US
a.k.a Dr. Martin Luther King, Jr. Community Center ; MLK Community Center
501(c)(3)
EIN
05-0271882
Women Led
Logo for "MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED"

MARTIN LUTHER KING COMMUNITY CENTER INCORPORATED

NEWPORT, RI, US
a.k.a Dr. Martin Luther King, Jr. Community Center ; MLK Community Center
501(c)(3)
EIN
05-0271882
Women Led

Income Statement

Fiscal Year Start:
Jul 1
Revenues in 2025

$6,433,962

Contributions
75%
Program Services
10%
Other
7%
Investments
6%
Government Grants
3%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2025

$4,718,063

Other
45%
Salaries & Benefits
37%
Grants
6%
Depreciation
5%
Offices, Occupancy & IT
4%
Fees to Service Providers
2%
Advertising & Promotion
<1%
Benefits to Members
0%
Interest
0%
Revenues
2024
2025
Change
Contributions
$4,052,956
$4,826,178
+19%
Government Grants
$169,177
$170,827
+1%
Fundraising Events
$15,215
$0
-100%
Program Services
$530,823
$618,555
+17%
Membership Dues
$0
$0
-
Investments
$281,662
$366,546
+30%
Other
-$678,104
$451,856
-167%
Total Revenues
$4,371,729
$6,433,962
+47%
Expenses
2024
2025
Change
Grants
$248,178
$273,710
+10%
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,611,535
$1,736,592
+8%
Fees to Service Providers
$176,664
$102,341
-42%
Advertising & Promotion
$4,310
$2,351
-45%
Offices, Occupancy & IT
$223,637
$207,821
-7%
Interest
$0
$0
-
Depreciation
$231,605
$254,376
+10%
Other
$1,908,491
$2,140,872
+12%
Total Expenses
$4,404,420
$4,718,063
+7%
Net income
2024
2025
Change
Net income
-$32,691
+$1,715,899
-5349%
Functional Expenses
Summary
2024
2025
Change
Program
$3,621,145
$3,920,294
+8%
Admin
$427,271
$455,612
+7%
Fundraising
$356,004
$342,157
-4%
Total Expenses
$4,404,420
$4,718,063
+7%
Income Statement
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