Michigan State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,620,446 | 5,163,265 | 457,181 | -2.3 | 45% |
| 2012 | 7,063,507 | 5,748,293 | 1,315,214 | 0.7 | 46% |
| 2013 | 7,006,501 | 6,405,676 | 600,825 | 1.7 | 45% |
| 2014 | 7,194,346 | 6,599,760 | 594,586 | 2.7 | 47% |
| 2015 | 6,046,928 | 6,402,425 | −355,497 | 2.2 | 47% |
| 2016 | 4,316,243 | 4,483,311 | −167,068 | 2.6 | 48% |
| 2017 | 2,097,239 | 1,516,413 | 580,826 | 12.4 | 61% |
| 2018 | 696,635 | 1,096,433 | −399,798 | 12.8 | 63% |
| 2019 | 814,106 | 910,190 | −96,084 | 14.1 | 56% |
| 2020 | 253,225 | 467,306 | −214,081 | 22.0 | 64% |
| 2021 | 17,281 | 105,843 | −88,562 | 87.2 | 0% |
| 2022 | 47,911 | 99,126 | −51,215 | 86.9 | 0% |
| 2023 | 2,936 | 94,778 | −91,842 | 79.3 | 0% |
In its most recent public year (2023), this organization spent $91,842 more than it brought in. Its reserves stood at about 79.3 months of spending, up from -2.3 in 2011. Staff pay was 0% of spending.
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
Michigan State 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