Local Media Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 261,424 | 133,214 | 128,210 | 12.5 | 35% |
| 2012 | 261,201 | 259,667 | 1,534 | 6.5 | 40% |
| 2013 | 301,609 | 287,891 | 13,718 | 6.4 | 53% |
| 2014 | 367,192 | 463,928 | −96,736 | 1.5 | 51% |
| 2015 | 398,016 | 423,416 | −25,400 | 0.9 | 44% |
| 2016 | 336,080 | 352,404 | −16,324 | 0.5 | 52% |
| 2017 | 488,163 | 458,468 | 29,695 | 1.2 | 52% |
| 2018 | 469,833 | 460,871 | 8,962 | 1.4 | 61% |
| 2019 | 1,593,866 | 1,398,408 | 195,458 | 2.1 | 41% |
| 2020 | 5,522,543 | 4,944,037 | 578,506 | 2.0 | 14% |
| 2021 | 2,006,681 | 2,375,692 | −369,011 | 2.3 | 38% |
| 2022 | 5,768,285 | 4,554,696 | 1,213,589 | 4.3 | 33% |
| 2023 | 6,588,923 | 5,991,755 | 597,168 | 4.5 | 32% |
In its most recent public year (2023), this organization brought in $597,168 more than it spent. Its reserves stood at about 4.5 months of spending, down from 12.5 in 2011. Staff pay was 32% of spending. $813,245 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
Local Media 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