Maine School Of Science And Mathematics Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 159,264 | 83,669 | 75,595 | 85.3 | 19% |
| 2021 | 174,214 | 103,117 | 71,097 | 97.9 | 39% |
| 2022 | 423,484 | 281,401 | 142,083 | 37.1 | 48% |
| 2023 | 547,086 | 366,230 | 180,856 | 34.8 | 41% |
In its most recent public year (2023), this organization brought in $180,856 more than it spent. Its reserves stood at about 34.8 months of spending, down from 85.3 in 2020. Staff pay was 41% of spending. $478,711 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
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