AMERICAN MAJORITY ACTION INCPub 78
Pub 78
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$16,633,231
Contributions
>99%
Investments
<1%
Program Services
<1%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024
$16,585,697
Fees to Service Providers
44%
Offices, Occupancy & IT
28%
Other
22%
Salaries & Benefits
3%
Grants
2%
Advertising & Promotion
1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$2,535,001
$16,577,705
+554%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$125
-
Membership Dues
$0
$0
-
Investments
$34,276
$55,401
+62%
Other
$0
$0
-
Total Revenues
$2,569,277
$16,633,231
+547%
Expenses
2023
2024
Change
Grants
$0
$250,000
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$365,343
$542,705
+49%
Fees to Service Providers
$1,005,244
$7,301,649
+626%
Advertising & Promotion
$215,509
$218,799
+2%
Offices, Occupancy & IT
$856,389
$4,569,191
+434%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$238,120
$3,703,353
+1455%
Total Expenses
$2,680,605
$16,585,697
+519%
Net income
2023
2024
Change
Net income
-$111,328
+$47,534
-143%
Functional Expenses
Summary
2023
2024
Change
Program
$2,276,963
$16,160,334
+610%
Admin
$265,170
$349,030
+32%
Fundraising
$138,472
$76,333
-45%
Total Expenses
$2,680,605
$16,585,697
+519%
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