Marion Military Institute Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 506,713 | 308,238 | 198,475 | 78.7 | — |
| 2011 | 3,876,459 | 1,100,334 | 2,776,125 | 55.0 | 3% |
| 2012 | 1,638,202 | 1,566,863 | 71,339 | 41.6 | 3% |
| 2013 | 1,081,522 | 1,347,246 | −265,724 | 49.5 | 4% |
| 2014 | 1,172,646 | 1,203,955 | −31,309 | 58.6 | 4% |
| 2015 | 870,360 | 874,161 | −3,801 | 79.2 | 11% |
| 2016 | 569,420 | 777,924 | −208,504 | 92.2 | 8% |
| 2017 | 4,519,373 | 2,225,521 | 2,293,852 | 46.8 | 3% |
| 2018 | 1,554,185 | 2,173,554 | −619,369 | 47.1 | 4% |
| 2019 | 1,044,066 | 1,321,816 | −277,750 | 77.6 | 5% |
| 2020 | 892,731 | 1,447,266 | −554,535 | 70.1 | 3% |
| 2021 | 5,768,857 | 1,312,768 | 4,456,089 | 128.9 | 5% |
| 2022 | 31,604,927 | 1,855,778 | 29,749,149 | 243.8 | 3% |
| 2023 | 1,133,611 | 2,098,751 | −965,140 | 232.9 | 3% |
In its most recent public year (2023), this organization spent $965,140 more than it brought in. Its reserves stood at about 232.9 months of spending, up from 78.7 in 2009. Staff pay was 3% of spending. $36,001,554 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
Marion Military Institute Foundation Inc'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