Marshall Project Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 5,139,255 | 2,441,764 | 2,697,491 | 13.3 | 65% |
| 2015 | 4,804,989 | 4,192,416 | 612,573 | 9.5 | 65% |
| 2016 | 4,567,140 | 4,520,695 | 46,445 | 8.9 | 23% |
| 2017 | 5,918,015 | 4,588,892 | 1,329,123 | 12.3 | 61% |
| 2018 | 4,119,625 | 3,061,533 | 1,058,092 | 22.5 | 56% |
| 2019 | 8,684,091 | 7,178,249 | 1,505,842 | 12.1 | 55% |
| 2020 | 12,290,756 | 7,576,984 | 4,713,772 | 18.9 | 61% |
| 2021 | 10,911,571 | 8,682,199 | 2,229,372 | 19.6 | 62% |
| 2022 | 15,174,508 | 10,828,400 | 4,346,108 | 20.5 | 61% |
| 2023 | 14,495,664 | 13,892,550 | 603,114 | 16.5 | 63% |
In its most recent public year (2023), this organization brought in $603,114 more than it spent. Its reserves stood at about 16.5 months of spending, up from 13.3 in 2014. Staff pay was 63% of spending. $3,919,035 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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