Ernest Hemingway Foundation Of Oak Park
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 143,467 | 139,151 | 4,316 | 79.5 | 50% |
| 2020 | 126,017 | 81,482 | 44,535 | 143.1 | 69% |
| 2021 | 138,279 | 87,947 | 50,332 | 139.4 | 66% |
| 2022 | 232,711 | 153,151 | 79,560 | 86.3 | 39% |
| 2023 | 126,905 | 109,469 | 17,436 | 122.7 | 59% |
In its most recent public year (2023), this organization brought in $17,436 more than it spent. Its reserves stood at about 122.7 months of spending, up from 79.5 in 2019. Staff pay was 59% of spending. $203,044 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
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