Morningside University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 39,193,467 | 41,371,280 | −2,177,813 | 16.1 | 32% |
| 2012 | 47,842,574 | 44,564,220 | 3,278,354 | 15.1 | 31% |
| 2013 | 49,180,115 | 43,008,758 | 6,171,357 | 18.6 | 31% |
| 2014 | 52,539,568 | 47,610,199 | 4,929,369 | 19.1 | 30% |
| 2015 | 53,409,819 | 50,665,421 | 2,744,398 | 18.2 | 32% |
| 2016 | 54,898,099 | 54,542,485 | 355,614 | 16.3 | 31% |
| 2017 | 57,202,144 | 56,307,569 | 894,575 | 16.8 | 31% |
| 2018 | 62,493,303 | 56,327,461 | 6,165,842 | 18.1 | 30% |
| 2019 | 59,678,425 | 58,405,622 | 1,272,803 | 17.3 | 29% |
| 2020 | 57,241,310 | 58,591,407 | −1,350,097 | 17.2 | 27% |
| 2021 | 67,438,390 | 59,481,600 | 7,956,790 | 20.9 | 28% |
| 2022 | 70,511,486 | 65,328,143 | 5,183,343 | 18.9 | 27% |
| 2023 | 63,396,838 | 64,365,996 | −969,158 | 18.6 | 28% |
In its most recent public year (2023), this organization spent $969,158 more than it brought in. Its reserves stood at about 18.6 months of spending, up from 16.1 in 2011. Staff pay was 28% of spending. $46,315,377 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
Morningside University's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works