Olmsted Medical Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,759,313 | 143,815,566 | 18,943,747 | 8.7 | 51% |
| 2012 | 173,310,248 | 157,638,009 | 15,672,239 | 9.2 | 48% |
| 2013 | 189,275,598 | 174,869,874 | 14,405,724 | 9.3 | 48% |
| 2014 | 187,949,544 | 175,739,008 | 12,210,536 | 10.1 | 47% |
| 2015 | 194,351,331 | 179,278,744 | 15,072,587 | 10.8 | 49% |
| 2016 | 205,268,895 | 183,779,529 | 21,489,366 | 12.0 | 49% |
| 2017 | 206,004,134 | 195,083,098 | 10,921,036 | 12.2 | 49% |
| 2018 | 217,422,315 | 206,158,164 | 11,264,151 | 12.0 | 48% |
| 2019 | 228,108,243 | 218,505,274 | 9,602,969 | 11.8 | 49% |
| 2020 | 229,537,426 | 228,525,137 | 1,012,289 | 11.3 | 50% |
| 2021 | 259,538,018 | 243,985,725 | 15,552,293 | 11.5 | 49% |
| 2022 | 258,723,356 | 254,800,158 | 3,923,198 | 10.9 | 49% |
| 2023 | 278,954,376 | 273,475,611 | 5,478,765 | 10.6 | 47% |
In its most recent public year (2023), this organization brought in $5,478,765 more than it spent. Its reserves stood at about 10.6 months of spending, up from 8.7 in 2011. Staff pay was 47% 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
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