Regents Of The University Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,399 | 31,960 | −7,561 | 19.1 | — |
| 2021 | 55,854 | 33,570 | 22,284 | 26.1 | — |
| 2022 | 69,431 | 80,937 | −11,506 | 9.1 | — |
| 2023 | 72,266 | 89,603 | −17,337 | 5.9 | — |
In its most recent public year (2023), this organization spent $17,337 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 19.1 in 2020.
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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