The Morgan Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 297,012 | 376,751 | −79,739 | 5.8 | 25% |
| 2012 | 328,519 | 385,280 | −56,761 | 3.9 | 29% |
| 2013 | 282,488 | 365,785 | −83,297 | 1.4 | 36% |
| 2014 | 363,790 | 374,973 | −11,183 | 0.9 | 35% |
| 2015 | 312,499 | 316,616 | −4,117 | 0.9 | 43% |
| 2016 | 327,085 | 313,186 | 13,899 | 1.4 | 42% |
| 2017 | 375,986 | 336,134 | 39,852 | 2.7 | 41% |
| 2018 | 346,411 | 381,394 | −34,983 | 1.3 | 38% |
| 2019 | 648,289 | 503,812 | 144,477 | 4.4 | 33% |
| 2020 | 286,807 | 422,461 | −135,654 | 1.4 | 45% |
| 2021 | 352,372 | 388,214 | −35,842 | 0.5 | 42% |
| 2022 | 293,038 | 400,481 | −107,443 | -2.8 | 40% |
| 2023 | 430,146 | 434,184 | −4,038 | -2.7 | 44% |
In its most recent public year (2023), this organization spent $4,038 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.7 months), down from 5.8 in 2011. Staff pay was 44% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works