Minot Area Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 20,980 | 540 | 20,440 | 890.8 | — |
| 2012 | 27,686 | 2,797 | 24,889 | 283.0 | — |
| 2013 | 25,242 | 6,106 | 19,136 | 173.4 | — |
| 2014 | 20,525 | 898 | 19,627 | 1461.1 | — |
| 2015 | 18,338 | 997 | 17,341 | 1595.0 | — |
| 2016 | 15,200 | 771 | 14,429 | 2134.9 | — |
| 2017 | 11,297 | 3,360 | 7,937 | 539.6 | — |
| 2018 | 26,263 | 1,756 | 24,507 | 1129.1 | — |
| 2019 | 18,150 | 699 | 17,451 | 3136.0 | — |
| 2020 | 60,234 | 1,000 | 59,234 | 2930.7 | — |
| 2021 | 24,959 | 1,127 | 23,832 | 2867.6 | — |
| 2022 | 22,644 | 2,454 | 20,190 | 1377.7 | — |
| 2023 | 50,364 | 585 | 49,779 | 6868.4 | — |
In its most recent public year (2023), this organization brought in $49,779 more than it spent. Its reserves stood at about 6868.4 months of spending, up from 890.8 in 2011.
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
Minot Area Community 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