John Sherman & Alvina Reckman Myers Foundation For Legal Education
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 71,776 | 56,219 | 15,557 | 374.0 | 23% |
| 2012 | 48,526 | 53,494 | −4,968 | 391.9 | 32% |
| 2013 | 116,549 | 49,595 | 66,954 | 463.8 | 35% |
| 2014 | 112,908 | 54,320 | 58,588 | 430.1 | 37% |
| 2015 | 100,375 | 171,918 | −71,543 | 130.9 | 12% |
| 2016 | 73,658 | 129,817 | −56,159 | 168.2 | 18% |
| 2017 | 94,802 | 131,376 | −36,574 | 162.8 | 19% |
| 2018 | 154,799 | 119,718 | 35,081 | 182.2 | 23% |
| 2019 | 103,317 | 53,375 | 49,942 | 419.9 | 48% |
| 2020 | 237,679 | 118,540 | 119,139 | 200.0 | 25% |
| 2021 | 538,207 | 149,715 | 388,492 | 190.3 | 24% |
| 2022 | 337,852 | 171,182 | 166,670 | 178.0 | 18% |
| 2023 | 18,941,480 | 1,681,151 | 17,260,329 | 138.3 | 4% |
In its most recent public year (2023), this organization brought in $17,260,329 more than it spent. Its reserves stood at about 138.3 months of spending, down from 374 in 2011. Staff pay was 4% of spending.
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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