Minnesota State Bar Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 88,885 | 87,789 | 1,096 | 166.0 | 0% |
| 2012 | 109,064 | 91,593 | 17,471 | 159.4 | 0% |
| 2013 | 124,817 | 105,564 | 19,253 | 156.3 | 0% |
| 2014 | 274,447 | 106,239 | 168,208 | 189.3 | 0% |
| 2015 | 193,805 | 148,462 | 45,343 | 131.4 | 0% |
| 2016 | 178,308 | 105,940 | 72,368 | 179.5 | 0% |
| 2017 | 113,973 | 92,210 | 21,763 | 231.4 | 0% |
| 2018 | 138,943 | 121,196 | 17,747 | 186.0 | 0% |
| 2019 | 179,758 | 123,692 | 56,066 | 184.4 | 0% |
| 2020 | 158,325 | 129,706 | 28,619 | 170.4 | 0% |
| 2021 | 428,252 | 702,346 | −274,094 | 33.0 | 0% |
| 2022 | 206,907 | 262,205 | −55,298 | 68.4 | 0% |
| 2023 | 206,160 | 184,443 | 21,717 | 102.1 | 0% |
| 2024 | 554,693 | 200,070 | 354,623 | 100.1 | 0% |
In its most recent public year (2024), this organization brought in $354,623 more than it spent. Its reserves stood at about 100.1 months of spending, down from 166 in 2011. 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 2024. 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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