Converse University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 38,693,163 | 37,252,863 | 1,440,300 | 36.4 | 30% |
| 2012 | 39,237,590 | 40,120,438 | −882,848 | 32.1 | 29% |
| 2013 | 38,087,672 | 39,012,531 | −924,859 | 33.9 | 30% |
| 2014 | 47,023,006 | 42,329,979 | 4,693,027 | 33.8 | 28% |
| 2015 | 37,979,744 | 36,192,831 | 1,786,913 | 38.9 | 33% |
| 2016 | 36,131,088 | 36,526,369 | −395,281 | 37.8 | 32% |
| 2017 | 34,058,707 | 33,260,370 | 798,337 | 44.5 | 36% |
| 2018 | 32,972,931 | 32,892,252 | 80,679 | 46.6 | 38% |
| 2019 | 34,881,079 | 33,491,258 | 1,389,821 | 46.0 | 38% |
| 2020 | 32,684,072 | 33,801,860 | −1,117,788 | 43.4 | 39% |
| 2021 | 36,493,779 | 35,340,779 | 1,153,000 | 48.7 | 38% |
| 2022 | 42,193,359 | 41,068,699 | 1,124,660 | 39.1 | 34% |
| 2023 | 34,748,113 | 40,457,060 | −5,708,947 | 39.3 | 36% |
In its most recent public year (2023), this organization spent $5,708,947 more than it brought in. Its reserves stood at about 39.3 months of spending, up from 36.4 in 2011. Staff pay was 36% of spending. $92,969,682 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
Converse University'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