South Dakota State University Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 36,299,748 | 29,468,783 | 6,830,965 | 46.1 | 5% |
| 2012 | 28,984,337 | 14,923,071 | 14,061,266 | 108.5 | 11% |
| 2013 | 51,076,793 | 25,503,442 | 25,573,351 | 79.0 | 7% |
| 2014 | 43,298,816 | 39,902,033 | 3,396,783 | 50.9 | 5% |
| 2015 | 28,309,924 | 24,102,704 | 4,207,220 | 84.3 | 9% |
| 2016 | 43,384,474 | 40,607,008 | 2,777,466 | 52.0 | 6% |
| 2017 | 41,068,851 | 32,650,863 | 8,417,988 | 69.7 | 9% |
| 2018 | 48,237,366 | 46,907,490 | 1,329,876 | 46.0 | 6% |
| 2019 | 57,978,864 | 28,052,053 | 29,926,811 | 94.7 | 11% |
| 2020 | 54,798,337 | 34,303,687 | 20,494,650 | 90.9 | 10% |
| 2021 | 85,922,065 | 28,523,415 | 57,398,650 | 140.2 | 12% |
| 2022 | 86,766,590 | 31,153,517 | 55,613,073 | 139.6 | 12% |
| 2023 | 63,664,809 | 68,418,903 | −4,754,094 | 66.1 | 6% |
In its most recent public year (2023), this organization spent $4,754,094 more than it brought in. Its reserves stood at about 66.1 months of spending, up from 46.1 in 2011. Staff pay was 6% of spending. $378,661,731 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
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