The Korners Folly Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 181,533 | 181,276 | 257 | 21.5 | — |
| 2012 | 308,841 | 226,472 | 82,369 | 21.6 | 23% |
| 2014 | 500,736 | 475,127 | 25,609 | 10.7 | 14% |
| 2015 | 206,428 | 304,792 | −98,364 | 12.8 | 26% |
| 2016 | 190,687 | 169,423 | 21,264 | 24.6 | — |
| 2017 | 221,020 | 236,745 | −15,725 | 16.8 | 41% |
| 2018 | 400,663 | 240,940 | 159,723 | 24.5 | 40% |
| 2019 | 303,986 | 267,945 | 36,041 | 23.6 | 47% |
| 2020 | 588,191 | 354,777 | 233,414 | 25.7 | 39% |
| 2021 | 504,003 | 239,239 | 264,764 | 51.4 | 40% |
| 2022 | 424,989 | 288,971 | 136,018 | 48.2 | 50% |
| 2023 | 1,671,982 | 266,786 | 1,405,196 | 115.4 | 52% |
In its most recent public year (2023), this organization brought in $1,405,196 more than it spent. Its reserves stood at about 115.4 months of spending, up from 21.5 in 2011. Staff pay was 52% of spending. $993,176 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
The Korners Folly Foundation'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