Cranbrook Educational Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,571,216 | 83,073,977 | 3,497,239 | 47.5 | 45% |
| 2021 | 144,616,781 | 82,535,482 | 62,081,299 | 63.9 | 44% |
| 2022 | 85,613,540 | 92,081,419 | −6,467,879 | 51.7 | 42% |
| 2023 | 90,648,923 | 94,663,943 | −4,015,020 | 51.5 | 44% |
In its most recent public year (2023), this organization spent $4,015,020 more than it brought in. Its reserves stood at about 51.5 months of spending, up from 47.5 in 2020. Staff pay was 44% of spending. $183,175,012 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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