Boston Globe Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,303,096 | 1,278,621 | 24,475 | 15.5 | 0% |
| 2012 | 1,288,167 | 1,131,685 | 156,482 | 19.5 | 0% |
| 2013 | 1,410,284 | 961,955 | 448,329 | 29.0 | 0% |
| 2014 | 1,383,237 | 850,761 | 532,476 | 40.6 | 8% |
| 2015 | 1,868,432 | 1,493,422 | 375,010 | 25.9 | 6% |
| 2016 | 1,442,620 | 1,443,750 | −1,130 | 27.0 | 6% |
| 2017 | 1,198,767 | 1,510,848 | −312,081 | 23.6 | 5% |
| 2018 | 1,269,347 | 1,664,134 | −394,787 | 18.4 | 5% |
| 2019 | 1,404,849 | 1,635,372 | −230,523 | 17.4 | 5% |
| 2020 | 1,988,263 | 1,791,802 | 196,461 | 17.4 | 4% |
| 2021 | 1,969,338 | 1,572,992 | 396,346 | 23.3 | 5% |
| 2022 | 1,783,029 | 1,426,136 | 356,893 | 28.2 | 5% |
| 2023 | 2,852,901 | 1,524,629 | 1,328,272 | 37.1 | 6% |
In its most recent public year (2023), this organization brought in $1,328,272 more than it spent. Its reserves stood at about 37.1 months of spending, up from 15.5 in 2011. Staff pay was 6% of spending. $3,671,601 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 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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