The Lutheran University Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 155,951,432 | 150,026,838 | 5,924,594 | 32.5 | 33% |
| 2012 | 153,906,993 | 158,959,938 | −5,052,945 | 30.7 | 33% |
| 2013 | 144,152,834 | 166,355,879 | −22,203,045 | 28.9 | 33% |
| 2014 | 177,374,231 | 181,796,257 | −4,422,026 | 28.2 | 32% |
| 2015 | 182,986,425 | 191,892,812 | −8,906,387 | 26.4 | 32% |
| 2016 | 196,555,879 | 199,959,445 | −3,403,566 | 24.6 | 32% |
| 2017 | 208,955,502 | 201,236,046 | 7,719,456 | 25.5 | 28% |
| 2018 | 199,153,602 | 205,381,421 | −6,227,819 | 25.1 | 28% |
| 2019 | 191,580,438 | 217,269,217 | −25,688,779 | 23.4 | 28% |
| 2020 | 192,641,554 | 204,953,827 | −12,312,273 | 23.9 | 25% |
| 2021 | 197,856,544 | 189,300,150 | 8,556,394 | 32.1 | 24% |
| 2022 | 194,686,967 | 206,305,516 | −11,618,549 | 27.2 | 26% |
| 2023 | 165,456,496 | 189,108,097 | −23,651,601 | 28.5 | 25% |
In its most recent public year (2023), this organization spent $23,651,601 more than it brought in. Its reserves stood at about 28.5 months of spending, down from 32.5 in 2011. Staff pay was 25% of spending. $393,716,003 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
The Lutheran University Association 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