Legacy Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 6,346,615 | 2,518,777 | 3,827,838 | 143.7 | 12% |
| 2013 | 11,115,189 | 2,791,918 | 8,323,271 | 146.5 | 13% |
| 2014 | 5,067,451 | 6,116,017 | −1,048,566 | 76.2 | 3% |
| 2015 | 2,208,323 | 1,685,060 | 523,263 | 285.3 | 11% |
| 2016 | 3,721,632 | 3,472,108 | 249,524 | 143.1 | 10% |
| 2017 | 5,107,898 | 3,771,125 | 1,336,773 | 150.3 | 10% |
| 2018 | 10,230,677 | 4,191,981 | 6,038,696 | 137.1 | 12% |
| 2019 | 8,080,055 | 4,277,525 | 3,802,530 | 160.6 | 12% |
| 2020 | 16,103,447 | 6,741,036 | 9,362,411 | 126.9 | 8% |
| 2021 | 23,418,316 | 5,769,114 | 17,649,202 | 162.2 | 9% |
| 2022 | 980,728 | 5,598,888 | −4,618,160 | 140.2 | 8% |
| 2023 | 4,887,322 | 6,109,239 | −1,221,917 | 143.7 | 8% |
In its most recent public year (2023), this organization spent $1,221,917 more than it brought in. Its reserves stood at about 143.7 months of spending. Staff pay was 8% of spending. $71,209,380 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works