Packard Motorcar Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 160,558 | 101,437 | 59,121 | 279.2 | 0% |
| 2011 | 413,231 | 95,634 | 317,597 | 336.0 | 0% |
| 2012 | 211,441 | 93,459 | 117,982 | 359.0 | 0% |
| 2013 | 156,491 | 100,551 | 55,940 | 340.4 | 0% |
| 2014 | 200,914 | 113,953 | 86,961 | 309.5 | 0% |
| 2015 | 238,908 | 153,026 | 85,882 | 237.2 | 0% |
| 2016 | 441,366 | 223,784 | 217,582 | 173.9 | 0% |
| 2017 | 770,086 | 313,231 | 456,855 | 141.7 | 0% |
| 2018 | 489,809 | 371,945 | 117,864 | 123.2 | 0% |
| 2019 | 826,292 | 412,630 | 413,662 | 118.9 | 0% |
| 2020 | 699,319 | 420,072 | 279,247 | 141.7 | 24% |
| 2021 | 821,705 | 443,579 | 378,126 | 145.0 | 24% |
| 2022 | 806,422 | 564,226 | 242,196 | 118.5 | 22% |
| 2023 | 1,091,894 | 698,054 | 393,840 | 102.9 | 33% |
In its most recent public year (2023), this organization brought in $393,840 more than it spent. Its reserves stood at about 102.9 months of spending, down from 279.2 in 2010. Staff pay was 33% of spending. $1,206,180 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
Packard Motorcar 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