Millennium Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,633,019 | 1,614,258 | 18,761 | 4.3 | 41% |
| 2012 | 1,978,684 | 1,784,764 | 193,920 | 5.2 | 38% |
| 2013 | 1,478,563 | 1,870,580 | −392,017 | 2.4 | 42% |
| 2014 | 1,909,842 | 1,984,637 | −74,795 | 1.8 | 44% |
| 2015 | 1,323,883 | 1,423,098 | −99,215 | 1.7 | 53% |
| 2016 | 826,094 | 1,122,100 | −296,006 | -1.0 | 48% |
| 2017 | 625,057 | 907,697 | −282,640 | -4.9 | 56% |
| 2018 | 673,813 | 831,828 | −158,015 | -7.7 | 56% |
| 2019 | 510,019 | 886,115 | −376,096 | -12.3 | 49% |
| 2020 | 617,971 | 919,359 | −301,388 | -15.8 | 49% |
| 2021 | 846,538 | 858,940 | −12,402 | -17.1 | 39% |
| 2022 | 1,288,480 | 1,116,716 | 171,764 | -10.9 | 26% |
| 2023 | 1,103,411 | 1,039,775 | 63,636 | -10.9 | 37% |
In its most recent public year (2023), this organization brought in $63,636 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-10.9 months), down from 4.3 in 2011. Staff pay was 37% 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
Millennium Institute'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