Airport Foundation Msp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 678,775 | 692,123 | −13,348 | 6.9 | 63% |
| 2012 | 686,792 | 694,128 | −7,336 | 6.9 | 66% |
| 2013 | 708,640 | 702,646 | 5,994 | 7.2 | 63% |
| 2014 | 900,499 | 830,323 | 70,176 | 7.1 | 57% |
| 2015 | 777,025 | 921,928 | −144,903 | 4.5 | 57% |
| 2016 | 889,142 | 878,983 | 10,159 | 5.0 | 58% |
| 2017 | 1,123,370 | 1,102,305 | 21,065 | 4.4 | 59% |
| 2018 | 1,295,503 | 1,270,937 | 24,566 | 4.1 | 50% |
| 2019 | 1,351,717 | 1,364,186 | −12,469 | 3.8 | 58% |
| 2020 | 1,324,223 | 1,118,606 | 205,617 | 6.8 | 62% |
| 2021 | 1,840,642 | 1,369,942 | 470,700 | 9.8 | 62% |
| 2022 | 1,347,175 | 1,602,700 | −255,525 | 6.3 | 61% |
| 2023 | 1,623,106 | 1,693,792 | −70,686 | 5.6 | 56% |
In its most recent public year (2023), this organization spent $70,686 more than it brought in. Its reserves stood at about 5.6 months of spending, down from 6.9 in 2011. Staff pay was 56% of spending. $4,475 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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