Open Medicine Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 123,610 | 150,802 | −27,192 | -2.0 | — |
| 2013 | 1,506,452 | 1,161,459 | 344,993 | 3.3 | 10% |
| 2014 | 462,167 | 581,240 | −119,073 | 4.2 | 27% |
| 2015 | 1,871,717 | 1,247,114 | 624,603 | 7.6 | 12% |
| 2016 | 1,627,743 | 1,053,726 | 574,017 | 15.5 | 21% |
| 2017 | 2,657,107 | 2,146,509 | 510,598 | 10.5 | 16% |
| 2018 | 8,908,795 | 5,809,714 | 3,099,081 | 10.3 | 7% |
| 2019 | 4,286,613 | 3,060,931 | 1,225,682 | 24.3 | 15% |
| 2020 | 4,062,970 | 4,360,322 | −297,352 | 16.2 | 14% |
| 2021 | 5,827,682 | 4,005,744 | 1,821,938 | 23.1 | 19% |
| 2022 | 3,987,810 | 6,836,842 | −2,849,032 | 8.6 | 12% |
| 2023 | 6,058,625 | 6,304,102 | −245,477 | 8.8 | 16% |
In its most recent public year (2023), this organization spent $245,477 more than it brought in. Its reserves stood at about 8.8 months of spending, up from -2 in 2012. Staff pay was 16% of spending. $2,241,166 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
Open Medicine Foundation Inc'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