Midlands Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 1,145,927 | 763,164 | 382,763 | 106.9 | 12% |
| 2016 | 722,985 | 973,399 | −250,414 | 79.7 | 11% |
| 2017 | 1,587,459 | 1,405,212 | 182,247 | 58.0 | 9% |
| 2018 | 3,075,332 | 1,697,929 | 1,377,403 | 56.8 | 7% |
| 2019 | 3,091,374 | 1,582,820 | 1,508,554 | 73.8 | 13% |
| 2020 | 2,757,315 | 1,995,629 | 761,686 | 63.6 | 11% |
| 2021 | 2,480,315 | 2,302,410 | 177,905 | 64.3 | 10% |
| 2022 | 4,213,519 | 2,824,654 | 1,388,865 | 50.6 | 9% |
| 2023 | 4,210,062 | 3,260,423 | 949,639 | 49.3 | 8% |
In its most recent public year (2023), this organization brought in $949,639 more than it spent. Its reserves stood at about 49.3 months of spending, down from 106.9 in 2015. Staff pay was 8% of spending. $8,838,182 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
Midlands Community 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