Levon Ishtoyan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,847 | 57,556 | 2,291 | 0.9 | — |
| 2012 | 35,417 | 34,389 | 1,028 | 1.9 | — |
| 2014 | 88,430 | 77,854 | 10,576 | 3.5 | — |
| 2015 | 115,808 | 113,818 | 1,990 | 2.5 | — |
| 2016 | 112,559 | 135,343 | −22,784 | 0.1 | — |
| 2017 | 198,440 | 192,719 | 5,721 | 0.4 | — |
| 2018 | 315,203 | 309,163 | 6,040 | 0.5 | 0% |
| 2019 | 359,623 | 389,833 | −30,210 | -0.5 | 12% |
| 2020 | 315,815 | 295,672 | 20,143 | 0.1 | 15% |
| 2021 | 363,628 | 359,601 | 4,027 | 0.2 | 18% |
| 2022 | 384,398 | 440,672 | −56,274 | -1.3 | 35% |
| 2023 | 342,158 | 671,586 | −329,428 | -6.8 | 8% |
In its most recent public year (2023), this organization spent $329,428 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-6.8 months), down from 0.9 in 2011. Staff pay was 8% 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
Levon Ishtoyan 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