Otis Redding Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 109,224 | 114,824 | −5,600 | -2.1 | — |
| 2016 | 304,878 | 297,448 | 7,430 | -0.5 | 2% |
| 2017 | 205,029 | 190,240 | 14,789 | 0.1 | 0% |
| 2018 | 291,054 | 289,536 | 1,518 | 0.1 | 15% |
| 2019 | 410,447 | 306,725 | 103,722 | 4.2 | 23% |
| 2020 | 437,897 | 241,661 | 196,236 | 15.3 | 28% |
| 2021 | 1,312,142 | 421,591 | 890,551 | 34.1 | 21% |
| 2022 | 2,092,579 | 606,135 | 1,486,444 | 52.4 | 24% |
| 2023 | 2,835,145 | 688,362 | 2,146,783 | 83.8 | 22% |
In its most recent public year (2023), this organization brought in $2,146,783 more than it spent. Its reserves stood at about 83.8 months of spending, up from -2.1 in 2015. Staff pay was 22% of spending. $4,832,339 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
Otis Redding 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