Lovett School
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 43,969,196 | 45,805,387 | −1,836,191 | 36.5 | 48% |
| 2012 | 45,105,130 | 47,225,915 | −2,120,785 | 33.3 | 48% |
| 2013 | 52,247,777 | 49,518,284 | 2,729,493 | 34.4 | 47% |
| 2014 | 56,549,420 | 51,561,020 | 4,988,400 | 36.3 | 48% |
| 2015 | 58,739,752 | 52,453,598 | 6,286,154 | 37.0 | 49% |
| 2016 | 59,511,532 | 55,972,018 | 3,539,514 | 34.0 | 48% |
| 2017 | 57,611,171 | 57,085,493 | 525,678 | 35.9 | 48% |
| 2018 | 67,254,028 | 59,760,038 | 7,493,990 | 36.7 | 48% |
| 2019 | 59,696,200 | 60,185,458 | −489,258 | 36.9 | 49% |
| 2020 | 56,636,237 | 58,471,560 | −1,835,323 | 36.8 | 50% |
| 2021 | 63,708,553 | 59,045,398 | 4,663,155 | 42.7 | 50% |
| 2022 | 65,080,718 | 61,111,945 | 3,968,773 | 38.6 | 50% |
| 2023 | 68,613,574 | 68,280,859 | 332,715 | 36.6 | 47% |
In its most recent public year (2023), this organization brought in $332,715 more than it spent. Its reserves stood at about 36.6 months of spending. Staff pay was 47% of spending. $84,575,281 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
Lovett School'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