Semi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 440,149 | 396,918 | 43,231 | 39.6 | 0% |
| 2012 | 615,722 | 390,674 | 225,048 | 48.5 | 0% |
| 2013 | 412,058 | 315,375 | 96,683 | 61.0 | 0% |
| 2014 | 1,519,864 | 534,654 | 985,210 | 55.7 | 0% |
| 2015 | 186,417 | 404,525 | −218,108 | 67.6 | 0% |
| 2016 | 419,020 | 330,793 | 88,227 | 88.1 | 0% |
| 2017 | 255,603 | 285,491 | −29,888 | 102.1 | 0% |
| 2018 | 3,489,323 | 710,222 | 2,779,101 | 88.2 | 0% |
| 2019 | 1,797,761 | 1,244,089 | 553,672 | 55.7 | 0% |
| 2020 | 591,745 | 795,396 | −203,651 | 84.2 | 0% |
| 2021 | 319,512 | 882,806 | −563,294 | 68.2 | 0% |
| 2022 | 386,431 | 2,026,559 | −1,640,128 | 20.0 | 0% |
| 2023 | 3,560,871 | 2,689,806 | 871,065 | 18.9 | 0% |
In its most recent public year (2023), this organization brought in $871,065 more than it spent. Its reserves stood at about 18.9 months of spending, down from 39.6 in 2011. Staff pay was 0% of spending. $1,795,535 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
Semi 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