Caroline & Joseph S Gruss Life Monument Funds Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,921,260 | 12,272,103 | −8,350,843 | 79.0 | 8% |
| 2012 | 3,811,622 | 10,826,753 | −7,015,131 | 88.2 | 10% |
| 2013 | 8,840,416 | 9,301,544 | −461,128 | 105.4 | 12% |
| 2014 | 7,882,829 | 9,357,916 | −1,475,087 | 98.5 | 11% |
| 2015 | 3,932,590 | 9,897,436 | −5,964,846 | 81.7 | 13% |
| 2016 | 1,588,126 | 9,553,793 | −7,965,667 | 72.1 | 13% |
| 2017 | −560,569 | 8,860,410 | −9,420,979 | 75.4 | 12% |
| 2018 | 7,258,965 | 9,572,228 | −2,313,263 | 62.8 | 10% |
| 2019 | 1,249,075 | 9,899,833 | −8,650,758 | 59.8 | 11% |
| 2020 | 10,741,682 | 9,151,220 | 1,590,462 | 60.4 | 11% |
| 2021 | 2,679,769 | 10,793,722 | −8,113,953 | 47.7 | 8% |
| 2022 | 1,062,332 | 8,633,535 | −7,571,203 | 36.1 | 11% |
| 2023 | 1,887,456 | 22,028,213 | −20,140,757 | 3.3 | 7% |
In its most recent public year (2023), this organization spent $20,140,757 more than it brought in. Its reserves stood at about 3.3 months of spending, down from 79 in 2011. Staff pay was 7% of spending. $22,233,676 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
Caroline & Joseph S Gruss Life Monument Funds Inc'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