Leto Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 50,000 | 10,000 | 40,000 | 48.0 | — |
| 2016 | 50,000 | 57,030 | −7,030 | 6.9 | — |
| 2017 | 50,000 | 10,510 | 39,490 | 82.7 | — |
| 2018 | 50,000 | 54,592 | −4,592 | 14.9 | — |
| 2019 | 50,000 | 90,500 | −40,500 | 3.6 | — |
| 2020 | 51,000 | 81,913 | −30,913 | -0.5 | — |
| 2021 | 100,000 | 85,670 | 14,330 | 1.5 | — |
| 2022 | 100,000 | 96,000 | 4,000 | 1.8 | — |
| 2023 | 80,000 | 90,030 | −10,030 | 0.6 | — |
In its most recent public year (2023), this organization spent $10,030 more than it brought in. Its reserves stood at about 0.6 months 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
Leto Foundation'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