Multicultural Aids Coalition Inc
Only null% goes to programs
Multicultural Aids Coalition Inc is a 501(c)(3) organization based in Boston, Massachusetts, registered in 1991, with $2,890,423 in FY2023 revenue. CharityIndex grades it B.
7 Palmer St Ste 3, Boston, MA, 02119 EIN 04-3042926 Since 1991
Revenue (FY2023)
$2.9M
▼ 5.0% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$2.9M
Net assets
$862K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Multicultural Aids Coalition Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating4 mo reserves · +1% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Multicultural Aids Coalition Inc: 4 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Multicultural Aids Coalition Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Multicultural Aids Coalition Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 7 Palmer St Ste 3, Boston, MA, 02119
- City
- Boston
- State
- Massachusetts
- Category
- Arts, Culture & Humanities
- Subcategory
- Arts Services & Councils
- Website
- …
Financial trends
Revenue grew from $1.0M (FY2013) to $2.9M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $1.4MNet assets $862K
Operating margin
0.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.2M
Total liabilities
$1.4M
Net assets
$862K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,890,423▼5.0% | $2,867,091▼4.2% | $861,747▼1.0% | $2,216,450▲56.2% | 990 |
| 2022 | $3,041,020▲16.4% | $2,993,114▲17.6% | $870,530▲5.8% | $1,418,741▲8.5% | 990 |
| 2021 | $2,612,016▼13.9% | $2,544,303▼6.2% | $822,624▲9.0% | $1,307,658▲17.1% | 990 |
| 2020 | $3,034,089▲86.2% | $2,713,061▲84.6% | $754,911▲74.0% | $1,116,469▼30.0% | 990 |
| 2019 | $1,629,055▲17.0% | $1,469,540▲0.1% | $433,883▲58.1% | $1,595,332▲334% | 990 |
| 2018 | $1,392,667▲0.5% | $1,468,792▲7.5% | $274,368▼21.7% | $367,321▼15.0% | 990 |
| 2017 | $1,385,765▲9.1% | $1,366,276▲7.8% | $350,493▲5.9% | $432,289▲7.1% | 990 |
| 2016 | $1,270,717▲11.0% | $1,266,885▲10.9% | $331,004▲1.2% | $403,573▼2.7% | 990 |
| 2015 | $1,144,843▲11.1% | $1,142,469▲11.2% | $327,172▲0.7% | $414,629▼12.6% | 990 |
| 2014 | $1,030,383 | $1,027,518▲2.4% | $324,798▲0.9% | $474,451▲9.4% | 990 |
| 2013 | $1,030,761 | $1,003,837▼7.9% | $321,933▲9.1% | $433,875▲19.6% | 990 |
| 2012 | — | $1,090,490▼7.0% | $295,009▼12.8% | $362,819▼11.5% | 990 |
| 2011 | — | $1,173,138▼18.3% | $338,281▲28.5% | $409,920▲5.0% | 990 |
| 2009 | — | $1,435,418 | $263,305 | $390,440 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $368K total
20 grants to Multicultural Aids Coalition Inc totaling $368K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| President and Fellows of Harvard College | Sponsored research sub-award | 2023 | $42,843 |
| Boston Foundation Inc | Arts | 2023 | $17,500 |
| Beth Israel Lahey Health Inc Hcsr | Care access and/or to address other identified community health needs | 2023 | $15,000 |
| Boston Foundation Inc | Health care | 2023 | $10,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,100 |
| Boston Foundation Inc | Operating support/annual fund | 2022 | $19,000 |
| President and Fellows of Harvard College | Sponsored research sub-award | 2022 | $16,356 |
| Boston Foundation Inc | Arts | 2022 | $15,000 |
| Beth Israel Lahey Health Inc Hcsr | Care access and/or to address other identified community health needs | 2022 | $14,000 |
| Common Counsel Foundation | Project support for encuentro diaspora afro | 2021 | $10,000 |
| Boston Foundation Inc | Operating support/annual fund | 2021 | $10,000 |
| Health Resources In Action Inc | Ma covid 19 community grants | 2020 | $66,667 |
| Boston Foundation Inc | Arts | 2020 | $17,500 |
| Community Initiatives | Ccln network activation fund grant | 2020 | $10,000 |
| Community Initiatives | Ccln network activation fund grant | 2020 | $10,000 |
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Frequently asked questions
- Is Multicultural Aids Coalition Inc a legitimate nonprofit?
- Yes. Multicultural Aids Coalition Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 04-3042926, based in Boston, Massachusetts. Donations are tax-deductible.
- What is Multicultural Aids Coalition Inc's EIN?
- Multicultural Aids Coalition Inc's Employer Identification Number (EIN) is 04-3042926.
- How much revenue does Multicultural Aids Coalition Inc report?
- Multicultural Aids Coalition Inc reported $2,890,423 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Multicultural Aids Coalition Inc have?
- CharityIndex grades Multicultural Aids Coalition Inc B, based on financial health (reserves and operating margin).
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Data for Multicultural Aids Coalition Inc (EIN 04-3042926) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.