The Minnesota Daily
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,737,167 | 1,705,955 | 31,212 | 10.7 | 43% |
| 2012 | 1,628,603 | 1,738,901 | −110,298 | 10.3 | 42% |
| 2013 | 1,459,777 | 1,828,831 | −369,054 | 7.5 | 41% |
| 2014 | 1,604,348 | 1,794,884 | −190,536 | 6.7 | 42% |
| 2015 | 1,376,834 | 1,538,635 | −161,801 | 6.3 | 39% |
| 2016 | 1,287,557 | 1,423,914 | −136,357 | 5.6 | 41% |
| 2017 | 1,206,507 | 1,241,977 | −35,470 | 6.3 | 43% |
| 2018 | 1,184,522 | 1,151,329 | 33,193 | 7.2 | 42% |
| 2019 | 1,167,608 | 1,185,221 | −17,613 | 6.5 | 42% |
| 2020 | 1,058,607 | 1,174,162 | −115,555 | 5.9 | 46% |
| 2021 | 1,318,573 | 962,854 | 355,719 | 12.0 | 46% |
| 2022 | 1,092,149 | 1,030,758 | 61,391 | 10.1 | 44% |
| 2023 | 1,055,494 | 1,124,735 | −69,241 | 9.2 | 43% |
In its most recent public year (2023), this organization spent $69,241 more than it brought in. Its reserves stood at about 9.2 months of spending, down from 10.7 in 2011. Staff pay was 43% 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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