Western Michigan University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 127,110,746 | 22,887,356 | 104,223,390 | 162.4 | 0% |
| 2012 | 42,548,236 | 27,052,927 | 15,495,309 | 139.8 | 0% |
| 2013 | 54,622,354 | 55,267,967 | −645,613 | 80.1 | 0% |
| 2014 | 52,345,357 | 58,342,745 | −5,997,388 | 84.6 | 0% |
| 2015 | 73,146,638 | 39,860,893 | 33,285,745 | 133.1 | 0% |
| 2016 | 30,302,360 | 59,203,047 | −28,900,687 | 88.5 | 0% |
| 2017 | 31,907,735 | 52,428,525 | −20,520,790 | 105.6 | 0% |
| 2018 | 29,999,212 | 42,721,637 | −12,722,425 | 130.3 | 0% |
| 2019 | 41,082,264 | 48,084,239 | −7,001,975 | 111.4 | 0% |
| 2020 | 43,479,998 | 37,575,105 | 5,904,893 | 137.6 | 0% |
| 2021 | 603,544,425 | 35,365,368 | 568,179,057 | 350.3 | 0% |
| 2022 | 103,674,460 | 49,517,787 | 54,156,673 | 243.5 | 0% |
| 2023 | 47,667,153 | 60,470,859 | −12,803,706 | 204.2 | 0% |
In its most recent public year (2023), this organization spent $12,803,706 more than it brought in. Its reserves stood at about 204.2 months of spending, up from 162.4 in 2011. Staff pay was 0% of spending. $725,671,139 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
Western Michigan University 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