Mad In America Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 540,783 | 332,836 | 207,947 | 19.0 | 33% |
| 2021 | 449,952 | 394,111 | 55,841 | 17.7 | 36% |
| 2022 | 369,181 | 413,964 | −44,783 | 15.6 | 31% |
| 2023 | 316,136 | 443,148 | −127,012 | 11.1 | 33% |
In its most recent public year (2023), this organization spent $127,012 more than it brought in. Its reserves stood at about 11.1 months of spending, down from 19 in 2020. Staff pay was 33% 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
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