Mullen-Polk Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 186,059 | 184,941 | 1,118 | -3.1 | — |
| 2017 | 314,284 | 308,902 | 5,382 | -2.2 | 47% |
| 2018 | 342,254 | 306,839 | 35,415 | -0.5 | 51% |
| 2019 | 670,300 | 671,800 | −1,500 | 0.0 | 39% |
| 2020 | 903,294 | 906,983 | −3,689 | 0.3 | 56% |
| 2021 | 1,132,224 | 934,360 | 197,864 | 2.9 | 59% |
| 2022 | 1,358,447 | 1,233,002 | 125,445 | 3.4 | 52% |
| 2023 | 3,764,900 | 2,063,043 | 1,701,857 | 12.0 | 45% |
In its most recent public year (2023), this organization brought in $1,701,857 more than it spent. Its reserves stood at about 12 months of spending, up from -3.1 in 2016. Staff pay was 45% of spending. $645,262 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
Mullen-Polk 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