Northern State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,948,849 | 3,501,043 | 447,806 | 76.1 | 16% |
| 2012 | 3,998,789 | 6,140,753 | −2,141,964 | 38.0 | 10% |
| 2013 | 20,547,223 | 4,010,208 | 16,537,015 | 112.2 | 11% |
| 2014 | 7,504,662 | 4,133,147 | 3,371,515 | 128.5 | 11% |
| 2015 | 9,785,765 | 4,860,450 | 4,925,315 | 126.5 | 9% |
| 2016 | 5,132,627 | 13,510,434 | −8,377,807 | 37.4 | 3% |
| 2017 | 48,925,373 | 7,218,759 | 41,706,614 | 142.1 | 7% |
| 2018 | 21,459,598 | 28,714,385 | −7,254,787 | 34.2 | 2% |
| 2019 | 20,453,197 | 29,763,238 | −9,310,041 | 30.5 | 2% |
| 2020 | 23,577,331 | 24,671,520 | −1,094,189 | 36.3 | 3% |
| 2021 | 9,521,879 | 35,860,604 | −26,338,725 | 18.8 | 2% |
| 2022 | 9,430,075 | 11,162,432 | −1,732,357 | 51.5 | 8% |
| 2023 | 8,393,561 | 7,737,550 | 656,011 | 79.3 | 13% |
In its most recent public year (2023), this organization brought in $656,011 more than it spent. Its reserves stood at about 79.3 months of spending, up from 76.1 in 2011. Staff pay was 13% of spending. $49,626,216 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
Northern State University 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