Marine Corps Heritage Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,343,928 | 8,445,364 | 3,898,564 | 135.1 | 31% |
| 2012 | 33,616,639 | 7,204,745 | 26,411,894 | 202.8 | 27% |
| 2013 | 16,210,287 | 7,105,364 | 9,104,923 | 221.4 | 30% |
| 2014 | 16,211,857 | 9,647,701 | 6,564,156 | 170.8 | 22% |
| 2015 | 18,573,674 | 9,599,217 | 8,974,457 | 153.0 | 18% |
| 2016 | 12,716,723 | 9,738,650 | 2,978,073 | 154.6 | 17% |
| 2017 | 10,372,985 | 11,642,353 | −1,269,368 | 128.2 | 17% |
| 2018 | 10,914,788 | 12,507,437 | −1,592,649 | 117.4 | 15% |
| 2019 | 11,737,085 | 12,429,447 | −692,362 | 117.9 | 15% |
| 2020 | 9,058,402 | 12,125,184 | −3,066,782 | 118.7 | 16% |
| 2021 | 11,840,546 | 12,319,033 | −478,487 | 117.3 | 14% |
| 2022 | 9,665,814 | 12,932,013 | −3,266,199 | 106.0 | 14% |
| 2023 | 9,661,802 | 14,266,878 | −4,605,076 | 93.8 | 15% |
In its most recent public year (2023), this organization spent $4,605,076 more than it brought in. Its reserves stood at about 93.8 months of spending, down from 135.1 in 2011. Staff pay was 15% of spending. $1,661,831 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
Marine Corps Heritage 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