Michigan State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 12,824,978 | 20,533,366 | −7,708,388 | 199.9 | 4% |
| 2013 | 33,144,546 | 21,847,671 | 11,296,875 | 196.1 | 7% |
| 2014 | 15,597,259 | 21,248,103 | −5,650,844 | 220.2 | 10% |
| 2015 | 29,508,064 | 23,565,849 | 5,942,215 | 195.5 | 8% |
| 2016 | 28,754,405 | 21,278,118 | 7,476,287 | 201.2 | 9% |
| 2017 | 17,353,453 | 19,699,435 | −2,345,982 | 238.9 | 11% |
| 2018 | 31,660,320 | 44,407,805 | −12,747,485 | 105.0 | 6% |
| 2019 | 39,012,217 | 21,648,384 | 17,363,833 | 217.1 | 12% |
| 2020 | 16,720,899 | 24,199,809 | −7,478,910 | 188.4 | 14% |
| 2021 | 55,850,938 | 19,515,895 | 36,335,043 | 306.5 | 12% |
| 2022 | 51,499,585 | 23,721,227 | 27,778,358 | 240.8 | 14% |
| 2023 | 35,711,061 | 29,167,774 | 6,543,287 | 214.3 | 15% |
In its most recent public year (2023), this organization brought in $6,543,287 more than it spent. Its reserves stood at about 214.3 months of spending, up from 199.9 in 2012. Staff pay was 15% of spending. $38,963,235 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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