North Carolina Medical Society Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,354,430 | 1,307,569 | 46,861 | 138.6 | 0% |
| 2012 | 2,320,885 | 1,501,038 | 819,847 | 129.7 | 0% |
| 2013 | 2,801,606 | 1,450,769 | 1,350,837 | 156.6 | 10% |
| 2014 | 2,398,603 | 1,788,871 | 609,732 | 126.5 | 9% |
| 2015 | 2,171,618 | 1,681,448 | 490,170 | 128.8 | 9% |
| 2016 | 1,240,651 | 2,375,154 | −1,134,503 | 89.2 | 5% |
| 2017 | 2,004,150 | 1,894,655 | 109,495 | 121.7 | 9% |
| 2018 | 2,619,348 | 1,213,083 | 1,406,265 | 189.4 | 26% |
| 2019 | 4,931,417 | 2,127,074 | 2,804,343 | 118.0 | 18% |
| 2020 | 25,927,674 | 26,171,216 | −243,542 | 10.3 | 2% |
| 2021 | 2,368,832 | 1,458,725 | 910,107 | 195.3 | 28% |
| 2022 | 1,345,809 | 1,331,349 | 14,460 | 177.3 | 41% |
| 2023 | 3,318,274 | 1,473,519 | 1,844,755 | 190.9 | 43% |
In its most recent public year (2023), this organization brought in $1,844,755 more than it spent. Its reserves stood at about 190.9 months of spending, up from 138.6 in 2011. Staff pay was 43% of spending. $22,981,907 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
North Carolina Medical Society Foundation Inc'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