Minnesota West Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 383,263 | 251,197 | 132,066 | 49.1 | 25% |
| 2013 | 346,983 | 269,343 | 77,640 | 53.9 | 24% |
| 2014 | 197,099 | 310,344 | −113,245 | 45.1 | 2% |
| 2015 | 706,798 | 613,045 | 93,753 | 24.1 | 0% |
| 2016 | 351,777 | 286,698 | 65,079 | 53.2 | 0% |
| 2017 | 492,350 | 557,936 | −65,586 | 25.1 | 0% |
| 2018 | 835,508 | 724,387 | 111,121 | 20.5 | 0% |
| 2019 | 364,743 | 407,994 | −43,251 | 36.0 | 0% |
| 2020 | 571,299 | 619,968 | −48,669 | 23.6 | 0% |
| 2021 | 331,245 | 380,479 | −49,234 | 40.3 | 22% |
| 2022 | 859,326 | 648,123 | 211,203 | 23.5 | 0% |
| 2023 | 645,817 | 531,644 | 114,173 | 30.9 | 0% |
In its most recent public year (2023), this organization brought in $114,173 more than it spent. Its reserves stood at about 30.9 months of spending, down from 49.1 in 2012. Staff pay was 0% of spending. $761,096 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
Minnesota West 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