Vmi Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,727,590 | 16,619,933 | −4,892,343 | 173.0 | 11% |
| 2013 | 21,490,067 | 17,822,406 | 3,667,661 | 181.1 | 11% |
| 2014 | 15,887,614 | 20,061,224 | −4,173,610 | 181.7 | 11% |
| 2015 | 25,310,898 | 20,612,743 | 4,698,155 | 181.9 | 12% |
| 2016 | 17,872,352 | 20,040,921 | −2,168,569 | 182.1 | 12% |
| 2017 | 46,421,134 | 19,726,637 | 26,694,497 | 221.2 | 13% |
| 2018 | 24,023,675 | 20,685,372 | 3,338,303 | 227.2 | 12% |
| 2019 | 21,413,954 | 19,249,379 | 2,164,575 | 255.8 | 6% |
| 2020 | 28,563,258 | 21,395,409 | 7,167,849 | 231.4 | 5% |
| 2021 | 26,799,966 | 22,967,138 | 3,832,828 | 286.9 | 4% |
| 2022 | 24,254,314 | 26,063,917 | −1,809,603 | 238.8 | 4% |
| 2023 | 36,993,722 | 27,100,301 | 9,893,421 | 249.5 | 5% |
| 2024 | 26,268,516 | 25,973,445 | 295,071 | 285.4 | 5% |
In its most recent public year (2024), this organization brought in $295,071 more than it spent. Its reserves stood at about 285.4 months of spending, up from 173 in 2012. Staff pay was 5% of spending. $507,774,040 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 2024. 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
Vmi Foundation's IRS filings as a feed — one entry per filing year, through 2024. 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