Minnesota State University Mankato Foundation Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 15,243,614 | 9,705,209 | 5,538,405 | 105.3 | 19% |
| 2022 | 9,285,148 | 7,531,061 | 1,754,087 | 121.1 | 9% |
| 2023 | 7,880,381 | 6,221,910 | 1,658,471 | 164.5 | 9% |
| 2024 | 16,316,150 | 7,257,034 | 9,059,116 | 165.7 | 9% |
In its most recent public year (2024), this organization brought in $9,059,116 more than it spent. Its reserves stood at about 165.7 months of spending, up from 105.3 in 2021. Staff pay was 9% of spending. $96,276,601 of its net assets are donor-restricted.
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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