Memphis International Airport Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,305 | 37,835 | −10,530 | 11.5 | — |
| 2012 | 32,119 | 27,516 | 4,603 | 17.8 | — |
| 2013 | 22,050 | 17,162 | 4,888 | 31.9 | — |
| 2014 | 25,558 | 35,536 | −9,978 | 18.0 | — |
| 2015 | 19,115 | 31,489 | −12,374 | 15.6 | — |
| 2016 | 24,706 | 21,544 | 3,162 | 24.6 | — |
| 2017 | 17,090 | 13,997 | 3,093 | 40.5 | — |
| 2018 | 24,271 | 10,222 | 14,049 | 72.0 | — |
| 2019 | 19,954 | 11,720 | 8,234 | 71.2 | — |
| 2020 | 34,976 | 28,404 | 6,572 | 32.2 | — |
| 2021 | 4,420 | 12,420 | −8,000 | 65.8 | — |
| 2022 | 24,092 | 15,359 | 8,733 | 60.0 | — |
| 2023 | 13,674 | 13,783 | −109 | 66.8 | — |
In its most recent public year (2023), this organization spent $109 more than it brought in. Its reserves stood at about 66.8 months of spending, up from 11.5 in 2011.
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
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