The Gibbs Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 329,597 | 23,426 | 306,171 | 90.5 | 4% |
| 2016 | 353,763 | 87,683 | 266,080 | 43.2 | 2% |
| 2017 | 294,635 | 324,172 | −29,537 | 9.5 | 1% |
| 2018 | 1,124,367 | 424,488 | 699,879 | 27.1 | 1% |
| 2019 | 414,217 | 448,125 | −33,908 | 21.0 | 0% |
| 2020 | 2,765,049 | 474,116 | 2,290,933 | 77.9 | 0% |
| 2021 | 143,627 | 788,090 | −644,463 | 37.0 | 0% |
| 2022 | 867,766 | 1,147,612 | −279,846 | 22.5 | 0% |
| 2023 | 2,230,959 | 3,263,977 | −1,033,018 | 4.1 | 1% |
In its most recent public year (2023), this organization spent $1,033,018 more than it brought in. Its reserves stood at about 4.1 months of spending, down from 90.5 in 2015. Staff pay was 1% 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
The Gibbs Foundation Inc'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