Marfa Education Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 95,797 | 85,637 | 10,160 | 2.2 | — |
| 2017 | 126,150 | 94,641 | 31,509 | 5.9 | — |
| 2018 | 133,641 | 89,811 | 43,830 | 12.1 | — |
| 2019 | 152,441 | 113,439 | 39,002 | 13.7 | — |
| 2020 | 88,109 | 164,911 | −76,802 | 3.9 | — |
| 2021 | 250,800 | 87,281 | 163,519 | 29.8 | 0% |
| 2022 | 263,537 | 229,161 | 34,376 | 13.1 | 0% |
| 2023 | 143,089 | 264,282 | −121,193 | 5.9 | 5% |
In its most recent public year (2023), this organization spent $121,193 more than it brought in. Its reserves stood at about 5.9 months of spending, up from 2.2 in 2016. Staff pay was 5% of spending. $68,772 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
Marfa Education 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