Michael G Reagan Portrait Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 36,292 | 31,233 | 5,059 | 46.9 | — |
| 2011 | 42,430 | 29,875 | 12,555 | 54.0 | — |
| 2012 | 84,332 | 31,109 | 53,223 | 72.4 | — |
| 2013 | 73,175 | 28,535 | 44,640 | 97.7 | — |
| 2014 | 53,856 | 34,496 | 19,360 | 87.6 | — |
| 2015 | 48,953 | 29,785 | 19,168 | 109.1 | — |
| 2016 | 56,212 | 34,028 | 22,184 | 103.4 | — |
| 2017 | 100,672 | 35,548 | 65,124 | 120.9 | — |
| 2018 | 88,454 | 28,302 | 60,152 | 177.4 | — |
| 2019 | 27,975 | 23,912 | 4,063 | 212.0 | — |
| 2020 | 50,008 | 23,397 | 26,611 | 230.3 | — |
| 2021 | 56,575 | 26,777 | 29,798 | 218.2 | — |
| 2022 | 61,382 | 32,966 | 28,416 | 184.6 | 0% |
| 2023 | 50,828 | 33,368 | 17,460 | 188.7 | 0% |
In its most recent public year (2023), this organization brought in $17,460 more than it spent. Its reserves stood at about 188.7 months of spending, up from 46.9 in 2010. Staff pay was 0% of spending.
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
Michael G Reagan Portrait 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