Mason City Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,491,014 | 464,120 | 1,026,894 | 182.7 | 29% |
| 2012 | 1,124,604 | 469,028 | 655,576 | 192.5 | 30% |
| 2013 | −234,070 | 440,834 | −674,904 | 186.5 | 31% |
| 2014 | 209,031 | 455,827 | −246,796 | 173.8 | 14% |
| 2015 | 208,845 | 492,623 | −283,778 | 153.9 | 13% |
| 2016 | 356,267 | 409,846 | −53,579 | 183.5 | 8% |
| 2017 | 190,897 | 406,033 | −215,136 | 178.8 | 8% |
| 2018 | 363,518 | 508,333 | −144,815 | 139.4 | 16% |
| 2019 | 468,471 | 472,126 | −3,655 | 150.0 | 14% |
| 2020 | 141,569 | 368,787 | −227,218 | 184.7 | 14% |
| 2021 | 496,052 | 458,204 | 37,848 | 149.6 | 14% |
| 2022 | 408,234 | 537,466 | −129,232 | 124.7 | 18% |
| 2023 | 397,254 | 560,558 | −163,304 | 116.0 | 16% |
In its most recent public year (2023), this organization spent $163,304 more than it brought in. Its reserves stood at about 116 months of spending, down from 182.7 in 2011. Staff pay was 16% 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 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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