Gallatin Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 478,895 | 683,961 | −205,066 | 5.0 | 0% |
| 2021 | 1,035,804 | 1,195,514 | −159,710 | 1.3 | 0% |
| 2022 | 158,883 | 261,719 | −102,836 | -0.0 | 0% |
| 2023 | 822,424 | 691,217 | 131,207 | 2.3 | 0% |
In its most recent public year (2023), this organization brought in $131,207 more than it spent. Its reserves stood at about 2.3 months of spending, down from 5 in 2020. Staff pay was 0% 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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