Grand Rapids Public Museum Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,111,380 | 4,317,449 | 1,793,931 | 102.6 | 0% |
| 2012 | 2,411,747 | 4,307,240 | −1,895,493 | 97.3 | 0% |
| 2013 | 2,800,705 | 3,827,195 | −1,026,490 | 110.9 | 0% |
| 2014 | 1,736,961 | 2,133,405 | −396,444 | 211.3 | 0% |
| 2015 | 1,578,921 | 4,181,441 | −2,602,520 | 102.4 | 0% |
| 2016 | 990,297 | 2,590,024 | −1,599,727 | 155.9 | 0% |
| 2017 | 1,498,542 | 2,588,964 | −1,090,422 | 163.1 | 0% |
| 2018 | 1,595,223 | 884,831 | 710,392 | 512.2 | 0% |
| 2019 | 1,418,673 | 844,147 | 574,526 | 575.9 | 0% |
| 2020 | 1,429,720 | 806,972 | 622,748 | 609.9 | 0% |
| 2021 | 1,737,904 | 833,232 | 904,672 | 721.2 | 0% |
| 2022 | 3,228,941 | 1,586,778 | 1,642,163 | 352.2 | 0% |
| 2023 | 2,532,161 | 1,416,786 | 1,115,375 | 439.5 | 0% |
In its most recent public year (2023), this organization brought in $1,115,375 more than it spent. Its reserves stood at about 439.5 months of spending, up from 102.6 in 2011. Staff pay was 0% of spending. $48,205,425 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
Grand Rapids Public Museum 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