Penn State Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 5,364,131 | 3,582,299 | 1,781,832 | 50.2 | 0% |
| 2011 | 4,017,998 | 3,768,885 | 249,113 | 40.5 | 0% |
| 2012 | 4,742,674 | 4,378,367 | 364,307 | 36.4 | 0% |
| 2013 | 6,218,194 | 3,362,068 | 2,856,126 | 51.0 | 0% |
| 2014 | 6,406,599 | 3,703,310 | 2,703,289 | 51.0 | 0% |
| 2015 | 4,990,227 | 4,988,800 | 1,427 | 36.9 | 0% |
| 2016 | 11,006,322 | 10,320,421 | 685,901 | 18.8 | 0% |
| 2017 | 10,219,328 | 6,876,119 | 3,343,209 | 35.1 | 0% |
| 2018 | 5,740,528 | 7,439,979 | −1,699,451 | 28.8 | 0% |
| 2019 | 4,085,630 | 19,140,571 | −15,054,941 | 2.1 | 0% |
| 2020 | 4,837,721 | 4,420,480 | 417,241 | 9.3 | 0% |
| 2021 | 8,076,994 | 6,618,077 | 1,458,917 | 8.9 | 0% |
| 2022 | 5,169,616 | 4,810,955 | 358,661 | 16.1 | 0% |
| 2023 | 5,655,375 | 5,598,652 | 56,723 | 15.2 | 0% |
In its most recent public year (2023), this organization brought in $56,723 more than it spent. Its reserves stood at about 15.2 months of spending, down from 50.2 in 2010. Staff pay was 0% 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
Penn State Research 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