Lockheed Martin Corporation Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 405,496,540 | 254,072,938 | 151,423,602 | 13.8 | 0% |
| 2011 | 153,814,627 | 272,255,626 | −118,440,999 | 7.7 | 0% |
| 2012 | 289,647,161 | 247,903,132 | 41,744,029 | 10.5 | 0% |
| 2013 | 214,723,672 | 264,029,721 | −49,306,049 | 7.1 | 0% |
| 2014 | 148,233,241 | 251,462,412 | −103,229,171 | 2.6 | 0% |
| 2015 | 287,183 | 8,136,511 | −7,849,328 | 67.4 | 0% |
| 2016 | 1,643,038 | 6,704,610 | −5,061,572 | 72.3 | 0% |
| 2017 | 2,284,771 | 8,878,002 | −6,593,231 | 45.7 | 0% |
| 2018 | 809,240 | 7,890,998 | −7,081,758 | 39.6 | 0% |
| 2019 | 1,100,054 | 9,655,354 | −8,555,300 | 23.7 | 0% |
| 2020 | 12,434,848 | 9,472,305 | 2,962,543 | 29.5 | 0% |
| 2021 | 7,125,767 | 13,110,460 | −5,984,693 | 14.9 | 0% |
| 2022 | 8,982,664 | 8,141,960 | 840,704 | 25.2 | 0% |
| 2023 | 1,702,993 | 5,254,779 | −3,551,786 | 30.9 | 0% |
In its most recent public year (2023), this organization spent $3,551,786 more than it brought in. Its reserves stood at about 30.9 months of spending, up from 13.8 in 2010. Staff pay was 0% 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
Lockheed Martin Corporation Benefit Trust'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