Lowell Observatory Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 0 | 0 | 0 | — | — |
| 2015 | 2,282,132 | 13,353 | 2,268,779 | 1865.2 | 0% |
| 2016 | 1,422,188 | 129,006 | 1,293,182 | 322.7 | 0% |
| 2017 | 1,688,841 | 123,419 | 1,565,422 | 519.2 | 0% |
| 2018 | 1,355,015 | 223,545 | 1,131,470 | 323.3 | 0% |
| 2019 | 780,460 | 1,058,675 | −278,215 | 76.0 | 0% |
| 2020 | 2,194,735 | 257,346 | 1,937,389 | 446.5 | 0% |
| 2021 | 1,073,893 | 667,968 | 405,925 | 194.8 | 0% |
| 2022 | 587,737 | 379,919 | 207,818 | 302.4 | 0% |
| 2023 | 3,755,865 | 432,257 | 3,323,608 | 388.1 | 0% |
In its most recent public year (2023), this organization brought in $3,323,608 more than it spent. Its reserves stood at about 388.1 months of spending. Staff pay was 0% of spending. $11,844,802 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
Lowell Observatory 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