Brigitte & Bobby Sherman Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 666,878 | 566,332 | 100,546 | 17.7 | 33% |
| 2021 | 602,756 | 722,487 | −119,731 | 11.9 | 32% |
| 2022 | 700,491 | 698,875 | 1,616 | 12.3 | 45% |
| 2023 | 1,930,822 | 1,302,391 | 628,431 | 12.4 | 43% |
In its most recent public year (2023), this organization brought in $628,431 more than it spent. Its reserves stood at about 12.4 months of spending, down from 17.7 in 2020. Staff pay was 43% 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
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