Madonna University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,616,310 | 46,333,041 | 3,283,269 | 16.4 | 49% |
| 2012 | 51,799,892 | 50,431,162 | 1,368,730 | 14.5 | 47% |
| 2013 | 59,244,200 | 56,253,227 | 2,990,973 | 14.9 | 45% |
| 2014 | 55,225,388 | 58,655,739 | −3,430,351 | 14.7 | 44% |
| 2015 | 53,409,940 | 57,707,256 | −4,297,316 | 14.1 | 43% |
| 2016 | 53,789,131 | 55,937,200 | −2,148,069 | 13.4 | 42% |
| 2017 | 59,066,359 | 57,320,197 | 1,746,162 | 14.7 | 39% |
| 2018 | 50,939,569 | 53,851,967 | −2,912,398 | 16.1 | 42% |
| 2019 | 55,791,432 | 57,386,062 | −1,594,630 | 14.9 | 40% |
| 2020 | 60,320,078 | 59,571,266 | 748,812 | 14.4 | 35% |
| 2021 | 64,155,252 | 63,070,361 | 1,084,891 | 16.3 | 31% |
| 2022 | 60,810,151 | 64,703,596 | −3,893,445 | 14.4 | 30% |
| 2023 | 54,779,071 | 63,453,664 | −8,674,593 | 13.8 | 27% |
In its most recent public year (2023), this organization spent $8,674,593 more than it brought in. Its reserves stood at about 13.8 months of spending, down from 16.4 in 2011. Staff pay was 27% of spending. $19,723,731 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
Madonna University'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