Minot Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,307,960 | 3,644,527 | 5,663,433 | 56.0 | 4% |
| 2012 | 1,708,605 | 4,772,114 | −3,063,509 | 37.5 | 4% |
| 2013 | 2,012,071 | 1,562,842 | 449,229 | 126.4 | 10% |
| 2014 | 2,267,391 | 1,240,214 | 1,027,177 | 168.4 | 13% |
| 2015 | 2,205,696 | 1,580,760 | 624,936 | 128.3 | 11% |
| 2016 | 4,041,755 | 1,603,589 | 2,438,166 | 139.9 | 11% |
| 2017 | 2,142,598 | 1,843,753 | 298,845 | 132.2 | 10% |
| 2018 | 2,683,636 | 1,931,217 | 752,419 | 113.0 | 10% |
| 2019 | 1,214,782 | 1,026,861 | 187,921 | 248.5 | 19% |
| 2020 | 2,694,808 | 1,515,166 | 1,179,642 | 175.3 | 12% |
| 2021 | 16,782,314 | 1,165,760 | 15,616,554 | 403.4 | 16% |
| 2022 | 2,217,446 | 1,930,336 | 287,110 | 207.0 | 10% |
| 2023 | 1,764,176 | 1,352,532 | 411,644 | 325.2 | 15% |
In its most recent public year (2023), this organization brought in $411,644 more than it spent. Its reserves stood at about 325.2 months of spending, up from 56 in 2011. Staff pay was 15% of spending. $35,696,463 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Minot Community Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works