Marshall University Research Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 60,235,079 | 48,099,846 | 12,135,233 | 13.3 | 39% |
| 2012 | 39,600,547 | 39,798,583 | −198,036 | 16.0 | 45% |
| 2013 | 42,733,735 | 39,070,463 | 3,663,272 | 17.4 | 44% |
| 2014 | 36,379,519 | 37,594,732 | −1,215,213 | 17.7 | 45% |
| 2015 | 34,278,084 | 36,923,505 | −2,645,421 | 17.2 | 46% |
| 2016 | 32,872,758 | 36,998,186 | −4,125,428 | 15.8 | 47% |
| 2017 | 36,438,588 | 37,240,800 | −802,212 | 15.4 | 44% |
| 2018 | 33,895,776 | 37,742,982 | −3,847,206 | 14.0 | 44% |
| 2019 | 35,572,518 | 38,047,343 | −2,474,825 | 13.1 | 47% |
| 2020 | 41,051,738 | 44,351,236 | −3,299,498 | 10.4 | 45% |
| 2021 | 55,595,334 | 47,675,471 | 7,919,863 | 11.2 | 42% |
| 2022 | 55,976,007 | 55,779,707 | 196,300 | 9.6 | 40% |
In its most recent public year (2022), this organization brought in $196,300 more than it spent. Its reserves stood at about 9.6 months of spending, down from 13.3 in 2011. Staff pay was 40% 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 2022. 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
Marshall University Research Corporation's IRS filings as a feed — one entry per filing year, through 2022. 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