University Of Southern Maine Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 843,476 | 1,591,549 | −748,073 | 137.4 | 0% |
| 2013 | 1,811,788 | 2,185,681 | −373,893 | 107.0 | 0% |
| 2014 | 1,290,400 | 1,421,462 | −131,062 | 184.4 | 0% |
| 2015 | 2,540,927 | 1,600,772 | 940,155 | 141.3 | 0% |
| 2016 | 3,188,268 | 1,646,029 | 1,542,239 | 143.8 | 0% |
| 2017 | 5,218,343 | 4,137,145 | 1,081,198 | 64.8 | 8% |
| 2018 | 4,908,451 | 3,491,510 | 1,416,941 | 84.5 | 36% |
| 2019 | 7,421,962 | 3,747,521 | 3,674,441 | 90.8 | 32% |
| 2020 | 6,793,300 | 4,304,696 | 2,488,604 | 85.6 | 26% |
| 2021 | 17,108,196 | 4,954,434 | 12,153,762 | 118.4 | 26% |
| 2022 | 17,054,045 | 7,721,875 | 9,332,170 | 83.7 | 19% |
| 2023 | 9,872,134 | 8,194,087 | 1,678,047 | 84.6 | 20% |
In its most recent public year (2023), this organization brought in $1,678,047 more than it spent. Its reserves stood at about 84.6 months of spending, down from 137.4 in 2012. Staff pay was 20% of spending. $56,884,407 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
University Of Southern Maine 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