Robert R Mccormick Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,160,702 | 83,172,827 | −47,012,125 | 153.0 | 6% |
| 2012 | 67,443,458 | 62,990,671 | 4,452,787 | 222.2 | 8% |
| 2013 | 121,675,991 | 84,105,501 | 37,570,490 | 183.7 | 6% |
| 2014 | 106,361,160 | 75,283,545 | 31,077,615 | 204.3 | 8% |
| 2015 | 69,942,028 | 72,148,999 | −2,206,971 | 202.3 | 8% |
| 2016 | 58,862,050 | 84,974,438 | −26,112,388 | 174.1 | 7% |
| 2017 | 67,316,111 | 104,962,080 | −37,645,969 | 155.6 | 6% |
| 2018 | 72,410,544 | 62,687,148 | 9,723,396 | 233.6 | 10% |
| 2019 | 64,528,141 | 73,616,401 | −9,088,260 | 226.6 | 8% |
| 2020 | 43,489,096 | 91,509,150 | −48,020,054 | 194.2 | 7% |
| 2021 | 106,935,451 | 62,059,717 | 44,875,734 | 321.9 | 6% |
| 2022 | 64,881,149 | 102,934,841 | −38,053,692 | 163.8 | 4% |
| 2023 | 97,553,776 | 78,215,597 | 19,338,179 | 245.1 | 4% |
In its most recent public year (2023), this organization brought in $19,338,179 more than it spent. Its reserves stood at about 245.1 months of spending, up from 153 in 2011. Staff pay was 4% of spending. $10,366,771 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
Robert R Mccormick 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