National Minority Supplier Development Council Inc: $27.3M Revenue, $20.8M Program Expenses
New York, New York · EIN 237348220 · Filing year 2022
National Minority Supplier Development Council Inc reported $27.3M in total revenue, $26.7M in total expenses, and $15.9M in total assets on its 2022 IRS Form 990. 78.0% of expenses ($20.8M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: B (75/100).
Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2022.
Key Facts (2022 Form 990)
- Total Revenue
- $27.3M
- Total Expenses
- $26.7M
- Program Expenses
- $20.8M
- Program Expense Ratio
- 78.0%
- Total Assets
- $15.9M
- Reserve Months
- 7.1 months
- EIN
- 237348220
- Latest 990 Year
- 2022
- Top Officer Compensation
- Not reported
National Minority Supplier Development Council Inc grades a B on the nonprofit efficiency rubric. 75/100 on the composite — above the national median, with strong performance on some factors balanced by middling performance on others.
National Minority Supplier Development Council Inc reported $27.3M in 2022 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. National Minority Supplier Development Council Inc directs 80% of its expenses to programs — above the third-party-rater threshold for an efficient organization.
Revenue has grown meaningfully across the five-year filing history — a sign of expanding donor base, new grants, or scaling programs. National Minority Supplier Development Council Inc reported $27.3M in 2022, up notably from the start of the window. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. National Minority Supplier Development Council Inc sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.
How National Minority Supplier Development Council Inc Compares
National Minority Supplier Development Council Inc directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 75/100 is 6 points above the Arts, Culture & Humanities category average. The organization holds 7.1 months of operating reserves, indicating strong financial stability.
Where Your Donation Goes
Based on IRS tax-exempt organization data, for every dollar donated to National Minority Supplier Development Council Inc, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.
Revenue History
National Minority Supplier Development Council Inc has an Efficiency Score of B (75/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
National Minority Supplier Development Council Inc, Donor FAQ
National Minority Supplier Development Council Inc has an Efficiency Score of B (75/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.
CEO/officer compensation for National Minority Supplier Development Council Inc is not reported in the most recent IRS 990 filing on file.
National Minority Supplier Development Council Inc reported $27.3M in annual revenue and $26.7M in total expenses for filing year 2022. The organization holds $15.9M in total assets.
For every dollar donated to National Minority Supplier Development Council Inc, approximately 78.0 cents goes to program activities. The organization has 7.1 months of operating reserves, providing financial stability to sustain its mission.
National Minority Supplier Development Council Inc is a registered 501(c) organization with EIN 237348220, based in New York, New York. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.
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Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.