Cornell College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,772,831 | 54,531,469 | −1,758,638 | 27.2 | 27% |
| 2012 | 58,339,892 | 57,915,609 | 424,283 | 25.4 | 26% |
| 2013 | 61,408,701 | 58,325,181 | 3,083,520 | 26.3 | 26% |
| 2014 | 71,603,174 | 61,262,868 | 10,340,306 | 27.7 | 25% |
| 2015 | 78,513,553 | 58,590,189 | 19,923,364 | 32.0 | 24% |
| 2016 | 55,983,040 | 59,753,472 | −3,770,432 | 30.3 | 26% |
| 2017 | 63,043,143 | 60,158,974 | 2,884,169 | 31.7 | 27% |
| 2018 | 68,348,365 | 62,742,497 | 5,605,868 | 31.1 | 26% |
| 2019 | 65,337,896 | 66,206,115 | −868,219 | 29.3 | 25% |
| 2020 | 76,089,428 | 69,015,044 | 7,074,384 | 29.1 | 25% |
| 2021 | 87,743,634 | 68,501,856 | 19,241,778 | 33.7 | 24% |
| 2022 | 83,850,862 | 80,018,230 | 3,832,632 | 26.8 | 22% |
| 2023 | 79,829,305 | 83,940,077 | −4,110,772 | 25.9 | 22% |
In its most recent public year (2023), this organization spent $4,110,772 more than it brought in. Its reserves stood at about 25.9 months of spending, down from 27.2 in 2011. Staff pay was 22% of spending. $91,941,945 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 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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