Regents Of The University Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 345,606 | 256,536 | 89,070 | 6.9 | 0% |
| 2020 | 132,347 | 85,704 | 46,643 | 27.3 | — |
| 2021 | 33,345 | 208,886 | −175,541 | 1.1 | — |
| 2022 | 292,186 | 280,832 | 11,354 | 1.3 | 0% |
| 2023 | 427,693 | 271,307 | 156,386 | 8.2 | 0% |
In its most recent public year (2023), this organization brought in $156,386 more than it spent. Its reserves stood at about 8.2 months of spending, up from 6.9 in 2019. 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
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