Merrimack College
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,191,406 | 84,953,859 | −762,453 | 9.8 | 32% |
| 2012 | 97,635,901 | 97,875,010 | −239,109 | 7.9 | 31% |
| 2013 | 106,269,468 | 105,215,674 | 1,053,794 | 7.6 | 31% |
| 2014 | 127,124,755 | 121,115,888 | 6,008,867 | 7.7 | 30% |
| 2015 | 146,940,792 | 136,293,472 | 10,647,320 | 7.8 | 29% |
| 2016 | 171,201,736 | 152,829,705 | 18,372,031 | 7.3 | 29% |
| 2017 | 182,254,937 | 171,190,107 | 11,064,830 | 7.6 | 29% |
| 2018 | 193,635,633 | 184,520,061 | 9,115,572 | 7.8 | 28% |
| 2019 | 216,093,052 | 206,334,218 | 9,758,834 | 7.5 | 27% |
| 2020 | 233,932,785 | 222,531,333 | 11,401,452 | 7.4 | 26% |
| 2021 | 259,690,431 | 240,536,507 | 19,153,924 | 8.4 | 24% |
| 2022 | 276,620,541 | 262,422,038 | 14,198,503 | 7.8 | 23% |
| 2023 | 291,242,191 | 278,514,238 | 12,727,953 | 8.1 | 23% |
In its most recent public year (2023), this organization brought in $12,727,953 more than it spent. Its reserves stood at about 8.1 months of spending, down from 9.8 in 2011. Staff pay was 23% of spending. $72,976,049 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
Merrimack College'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