Midwestern University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 227,557,434 | 169,362,018 | 58,195,416 | 26.6 | 52% |
| 2012 | 270,427,909 | 197,745,509 | 72,682,400 | 26.2 | 51% |
| 2014 | 333,385,769 | 241,632,693 | 91,753,076 | 30.9 | 49% |
| 2015 | 366,362,551 | 273,604,337 | 92,758,214 | 31.1 | 49% |
| 2016 | 379,832,387 | 298,985,393 | 80,846,994 | 31.3 | 50% |
| 2017 | 423,398,687 | 321,514,427 | 101,884,260 | 33.5 | 50% |
| 2018 | 464,714,826 | 344,242,055 | 120,472,771 | 35.6 | 50% |
| 2019 | 481,652,089 | 364,517,777 | 117,134,312 | 37.1 | 51% |
| 2020 | 479,773,396 | 358,608,193 | 121,165,203 | 41.7 | 51% |
| 2021 | 501,547,069 | 364,341,797 | 137,205,272 | 46.6 | 51% |
| 2022 | 519,542,731 | 379,788,171 | 139,754,560 | 48.2 | 49% |
| 2023 | 518,091,233 | 393,667,514 | 124,423,719 | 50.7 | 51% |
In its most recent public year (2023), this organization brought in $124,423,719 more than it spent. Its reserves stood at about 50.7 months of spending, up from 26.6 in 2011. Staff pay was 51% of spending. $32,071,746 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
Midwestern University'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