Michael H Ludwig Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 37,853 | 28,754 | 9,099 | 179.1 | — |
| 2012 | 52,509 | 52,855 | −346 | 97.4 | — |
| 2013 | 9,160 | 5,033 | 4,127 | 1032.4 | — |
| 2014 | 16,460 | 10,003 | 6,457 | 527.2 | — |
| 2015 | 10,157 | 20,037 | −9,880 | 257.3 | — |
| 2016 | 10,779 | 25,000 | −14,221 | 199.4 | — |
| 2017 | 12,963 | 11,500 | 1,463 | 435.0 | — |
| 2018 | 1,352 | 11,560 | −10,208 | 422.1 | — |
| 2019 | 1,453 | 11,500 | −10,047 | 413.8 | — |
| 2020 | 340 | 20,000 | −19,660 | 226.2 | — |
| 2021 | 605 | 15,000 | −14,395 | 290.0 | — |
In its most recent public year (2021), this organization spent $14,395 more than it brought in. Its reserves stood at about 290 months of spending, up from 179.1 in 2011.
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 2021. 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
Michael H Ludwig Memorial Foundation's IRS filings as a feed — one entry per filing year, through 2021. 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