Magnuson Park Center For Excellence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 77,836 | 21,215 | 56,621 | 19.1 | 0% |
| 2016 | 0 | 82,047 | −82,047 | -2.6 | 0% |
| 2020 | 136,059 | 96,930 | 39,129 | 7.7 | — |
| 2021 | 61,624 | 111,544 | −49,920 | 1.3 | — |
| 2022 | 47,341 | 72,077 | −24,736 | -2.1 | — |
| 2023 | 92 | 13,796 | −13,704 | -22.7 | — |
In its most recent public year (2023), this organization spent $13,704 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.7 months), down from 19.1 in 2015.
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
Magnuson Park Center For Excellence'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