Operating record

Van Andel Institute

Grand Rapids, MI · EIN 52-2000820 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2019$99,726,729$68,688,441$31,038,288297.80%
2020$111,524,637$69,463,683$42,060,954310.20%
2021$297,361,845$70,308,987$227,052,858361.30%
2022$175,628,938$112,969,414$62,659,524220.70%
2023$171,827,012$306,179,357−$134,352,34578.70%

In its most recent public year (2023), this organization spent $134,352,345 more than it brought in. Its reserves stood at about 78.7 months of spending, down from 297.8 in 2019. Staff pay was 0% of spending. $768,893,390 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 ↗