Southwest Minnesota State University Foundation Inc Smsu Fdn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 3,215,102 | 1,934,158 | 1,280,944 | 60.5 | 5% |
| 2013 | 3,269,735 | 2,583,188 | 686,547 | 51.3 | 8% |
| 2014 | 3,660,866 | 2,837,984 | 822,882 | 53.5 | 10% |
| 2015 | 3,253,492 | 2,418,885 | 834,607 | 66.2 | 11% |
| 2016 | 2,834,726 | 2,614,531 | 220,195 | 59.2 | 10% |
| 2017 | 4,719,628 | 2,635,845 | 2,083,783 | 65.6 | 10% |
| 2018 | 3,888,109 | 3,028,708 | 859,401 | 59.7 | 15% |
| 2019 | 4,365,490 | 2,828,723 | 1,536,767 | 71.4 | 12% |
| 2020 | 4,232,311 | 3,036,148 | 1,196,163 | 72.8 | 13% |
| 2021 | 3,698,366 | 2,939,857 | 758,509 | 87.0 | 15% |
| 2022 | 4,996,168 | 3,427,939 | 1,568,229 | 67.3 | 9% |
| 2023 | 7,721,710 | 2,654,701 | 5,067,009 | 114.3 | 11% |
| 2024 | 6,333,631 | 3,746,514 | 2,587,117 | 89.8 | 9% |
In its most recent public year (2024), this organization brought in $2,587,117 more than it spent. Its reserves stood at about 89.8 months of spending, up from 60.5 in 2012. Staff pay was 9% of spending. $26,743,587 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works