Robert R Mccormick Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 29,685,029 | 18,255,573 | 11,429,456 | 132.0 | 41% |
| 2012 | 24,661,588 | 19,137,759 | 5,523,829 | 138.9 | 43% |
| 2013 | 27,951,552 | 19,273,335 | 8,678,217 | 165.2 | 44% |
| 2014 | 37,343,939 | 20,783,553 | 16,560,386 | 161.8 | 28% |
| 2015 | 31,961,522 | 20,811,679 | 11,149,843 | 158.8 | 27% |
| 2016 | 38,831,461 | 20,431,477 | 18,399,984 | 176.3 | 29% |
| 2017 | 47,514,678 | 22,006,320 | 25,508,358 | 199.2 | 28% |
| 2018 | 23,335,661 | 24,557,326 | −1,221,665 | 160.7 | 27% |
| 2019 | 62,966,062 | 25,139,437 | 37,826,625 | 182.0 | 27% |
| 2020 | 49,972,311 | 23,784,010 | 26,188,301 | 200.9 | 30% |
| 2021 | 23,347,648 | 26,646,871 | −3,299,223 | 189.4 | 27% |
| 2022 | 50,851,823 | 31,529,775 | 19,322,048 | 144.9 | 29% |
| 2023 | 50,056,046 | 37,118,747 | 12,937,299 | 138.8 | 24% |
In its most recent public year (2023), this organization brought in $12,937,299 more than it spent. Its reserves stood at about 138.8 months of spending, up from 132 in 2011. Staff pay was 24% of spending. $839,000 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works