Harpers Magazine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 8,913,788 | 8,528,840 | 384,948 | -0.0 | 23% |
| 2013 | 7,898,547 | 8,015,469 | −116,922 | -0.2 | 25% |
| 2014 | 8,523,482 | 8,212,747 | 310,735 | 0.3 | 27% |
| 2015 | 7,145,012 | 7,371,847 | −226,835 | 0.0 | 30% |
| 2016 | 7,262,961 | 7,123,823 | 139,138 | -0.2 | 30% |
| 2017 | 6,955,135 | 6,738,764 | 216,371 | 0.1 | 30% |
| 2018 | 6,616,595 | 6,847,660 | −231,065 | -0.3 | 32% |
| 2019 | 7,145,787 | 7,132,974 | 12,813 | -0.2 | 30% |
| 2020 | 7,115,077 | 6,951,238 | 163,839 | 0.1 | 32% |
| 2021 | 7,145,917 | 7,461,385 | −315,468 | -0.4 | 29% |
| 2022 | 7,386,851 | 7,502,572 | −115,721 | -0.6 | 31% |
| 2023 | 8,240,698 | 7,949,724 | 290,974 | -0.2 | 29% |
In its most recent public year (2023), this organization brought in $290,974 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-0.2 months). Staff pay was 29% of spending.
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
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