Sam Schmidt Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 453,295 | 507,777 | −54,482 | 36.3 | 38% |
| 2012 | 799,672 | 837,991 | −38,319 | 21.5 | 28% |
| 2013 | 1,849,788 | 895,172 | 954,616 | 31.6 | 29% |
| 2014 | 1,245,364 | 1,111,579 | 133,785 | 24.3 | 34% |
| 2015 | 1,525,471 | 1,816,144 | −290,673 | 11.3 | 23% |
| 2016 | 1,207,401 | 1,378,859 | −171,458 | 11.1 | 35% |
| 2017 | 704,615 | 253,376 | 451,239 | 76.4 | 48% |
| 2018 | 646,620 | 943,825 | −297,205 | 16.0 | 18% |
| 2019 | 1,660,819 | 837,528 | 823,291 | 30.7 | 41% |
| 2020 | 1,850,324 | 881,639 | 968,685 | 43.7 | 47% |
| 2021 | 2,098,703 | 1,143,282 | 955,421 | 42.7 | 45% |
| 2022 | 2,395,256 | 1,567,335 | 827,921 | 33.5 | 43% |
| 2023 | 20,049,807 | 1,851,295 | 18,198,512 | 146.3 | 49% |
In its most recent public year (2023), this organization brought in $18,198,512 more than it spent. Its reserves stood at about 146.3 months of spending, up from 36.3 in 2011. Staff pay was 49% of spending. $3,850,222 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
Sam Schmidt Foundation'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