Alverno College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 48,396,806 | 50,712,775 | −2,315,969 | 18.4 | 35% |
| 2021 | 57,198,043 | 52,681,453 | 4,516,590 | 20.3 | 37% |
| 2022 | 50,194,378 | 53,907,225 | −3,712,847 | 17.2 | 37% |
| 2023 | 41,560,381 | 55,098,893 | −13,538,512 | 14.8 | 34% |
In its most recent public year (2023), this organization spent $13,538,512 more than it brought in. Its reserves stood at about 14.8 months of spending, down from 18.4 in 2020. Staff pay was 34% of spending. $32,509,862 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works