Fab Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 347,408 | 349,612 | −2,204 | 0.6 | 0% |
| 2013 | 11,080,730 | 707,005 | 10,373,725 | 174.8 | 1% |
| 2014 | 1,632,548 | 1,893,947 | −261,399 | 63.4 | 6% |
| 2015 | 4,808,050 | 7,445,085 | −2,637,035 | 11.9 | 5% |
| 2016 | 7,026,514 | 7,819,511 | −792,997 | 10.0 | 6% |
| 2017 | 3,676,113 | 6,739,538 | −3,063,425 | 6.2 | 10% |
| 2018 | 4,662,636 | 5,351,096 | −688,460 | 6.2 | 18% |
| 2019 | 3,606,528 | 3,851,392 | −244,864 | 7.9 | 23% |
| 2020 | 4,362,728 | 4,359,956 | 2,772 | 7.0 | 18% |
| 2021 | 3,603,989 | 3,187,148 | 416,841 | 11.1 | 20% |
| 2022 | 2,649,329 | 3,735,780 | −1,086,451 | 6.3 | 7% |
| 2023 | 2,206,847 | 3,241,875 | −1,035,028 | 3.4 | 14% |
In its most recent public year (2023), this organization spent $1,035,028 more than it brought in. Its reserves stood at about 3.4 months of spending, up from 0.6 in 2012. Staff pay was 14% of spending. $927,361 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
Fab 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