Teresa Mccormick Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 528,654 | 484,690 | 43,964 | 1.2 | 0% |
| 2012 | 387,044 | 405,255 | −18,211 | 0.9 | 0% |
| 2013 | 328,288 | 291,463 | 36,825 | 2.8 | 0% |
| 2014 | 296,104 | 269,953 | 26,151 | 4.1 | 0% |
| 2015 | 354,244 | 314,727 | 39,517 | 5.1 | 0% |
| 2016 | 543,301 | 540,780 | 2,521 | 3.0 | 0% |
| 2017 | 951,454 | 952,117 | −663 | 1.7 | 0% |
| 2018 | 500,175 | 506,119 | −5,944 | 3.0 | 0% |
| 2019 | 543,121 | 527,006 | 16,115 | 3.3 | 0% |
| 2020 | 823,036 | 669,264 | 153,772 | 5.4 | 0% |
| 2021 | 379,797 | 446,059 | −66,262 | 8.5 | 0% |
| 2022 | 457,089 | 450,509 | 6,580 | 8.6 | 0% |
| 2023 | 290,185 | 321,128 | −30,943 | 10.9 | 0% |
In its most recent public year (2023), this organization spent $30,943 more than it brought in. Its reserves stood at about 10.9 months of spending, up from 1.2 in 2011. Staff pay was 0% 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
Teresa Mccormick Center'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