Midwest University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,181,569 | 1,883,513 | 298,056 | 2.9 | 44% |
| 2012 | 1,563,097 | 1,614,293 | −51,196 | 3.0 | 44% |
| 2013 | 1,183,148 | 1,336,589 | −153,441 | 2.3 | 41% |
| 2014 | 1,258,745 | 1,307,449 | −48,704 | 1.7 | 38% |
| 2015 | 1,225,261 | 1,281,879 | −56,618 | 0.9 | 42% |
| 2016 | 1,176,738 | 1,214,508 | −37,770 | 0.9 | 36% |
| 2017 | 1,265,380 | 1,193,446 | 71,934 | 1.7 | 38% |
| 2018 | 1,652,552 | 1,420,586 | 231,966 | 3.4 | 33% |
| 2019 | 1,863,112 | 1,648,946 | 214,166 | 4.4 | 35% |
| 2020 | 1,655,482 | 1,488,025 | 167,457 | 6.3 | 37% |
| 2021 | 1,977,245 | 1,625,962 | 351,283 | 8.3 | 35% |
| 2022 | 2,637,534 | 1,940,776 | 696,758 | 11.3 | 35% |
| 2023 | 2,646,109 | 1,932,474 | 713,635 | 15.8 | 38% |
| 2024 | 2,662,433 | 2,209,769 | 452,664 | 16.3 | 36% |
In its most recent public year (2024), this organization brought in $452,664 more than it spent. Its reserves stood at about 16.3 months of spending, up from 2.9 in 2011. Staff pay was 36% of spending. $114,890 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 2024. 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
Midwest University's IRS filings as a feed — one entry per filing year, through 2024. 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