Fostering Media Connections
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 317,309 | 204,716 | 112,593 | 6.6 | 26% |
| 2014 | 327,150 | 362,106 | −34,956 | 2.6 | 32% |
| 2015 | 533,659 | 426,291 | 107,368 | 5.2 | 30% |
| 2016 | 780,397 | 558,264 | 222,133 | 8.8 | 47% |
| 2017 | 716,776 | 772,187 | −55,411 | 5.0 | 55% |
| 2018 | 992,831 | 987,265 | 5,566 | 4.0 | 57% |
| 2019 | 960,395 | 1,167,086 | −206,691 | 1.3 | 61% |
| 2020 | 1,585,891 | 1,198,841 | 387,050 | 5.1 | 63% |
| 2021 | 1,628,212 | 1,468,249 | 159,963 | 5.5 | 57% |
| 2022 | 1,829,305 | 1,772,370 | 56,935 | 4.9 | 62% |
| 2023 | 1,644,273 | 2,017,722 | −373,449 | 4.5 | 57% |
In its most recent public year (2023), this organization spent $373,449 more than it brought in. Its reserves stood at about 4.5 months of spending, down from 6.6 in 2013. Staff pay was 57% of spending. $334,938 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
Fostering Media Connections'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