Rancho Mirage Library And Observatory Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 151,594 | 60,342 | 91,252 | 414.7 | 0% |
| 2012 | 194,964 | 249,522 | −54,558 | 98.3 | 0% |
| 2013 | 199,981 | 233,492 | −33,511 | 103.4 | 0% |
| 2014 | 276,073 | 317,835 | −41,762 | 74.0 | 0% |
| 2015 | 242,012 | 305,569 | −63,557 | 74.7 | 0% |
| 2016 | 196,433 | 270,349 | −73,916 | 81.9 | 0% |
| 2017 | 333,813 | 342,603 | −8,790 | 64.0 | 0% |
| 2018 | 291,102 | 300,501 | −9,399 | 72.3 | 0% |
| 2019 | 387,493 | 335,168 | 52,325 | 69.0 | 0% |
| 2020 | 452,664 | 352,907 | 99,757 | 68.9 | 0% |
| 2021 | 270,966 | 231,276 | 39,690 | 107.2 | 0% |
| 2022 | 503,778 | 337,482 | 166,296 | 74.9 | 0% |
| 2023 | 499,274 | 468,281 | 30,993 | 62.3 | 0% |
In its most recent public year (2023), this organization brought in $30,993 more than it spent. Its reserves stood at about 62.3 months of spending, down from 414.7 in 2011. Staff pay was 0% of spending. $834,566 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
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