New Virginia Majority
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,282,431 | 1,193,588 | 88,843 | 1.4 | 78% |
| 2016 | 3,490,875 | 3,204,678 | 286,197 | 1.6 | 89% |
| 2017 | 4,408,843 | 3,568,704 | 840,139 | 4.3 | 63% |
| 2018 | 3,702,273 | 3,161,644 | 540,629 | 6.9 | 60% |
| 2019 | 5,755,222 | 5,068,136 | 687,086 | 5.9 | 58% |
| 2020 | 7,126,907 | 6,739,386 | 387,521 | 5.1 | 52% |
| 2021 | 7,845,908 | 8,957,522 | −1,111,614 | 2.4 | 41% |
| 2022 | 5,143,552 | 5,695,501 | −551,949 | 2.6 | 64% |
In its most recent public year (2022), this organization spent $551,949 more than it brought in. Its reserves stood at about 2.6 months of spending, up from 1.4 in 2015. Staff pay was 64% 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 2022. 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
New Virginia Majority's IRS filings as a feed — one entry per filing year, through 2022. 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