Miami Bayside Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,387 | 40,332 | −32,945 | 385.6 | 0% |
| 2012 | 391,442 | 393,293 | −1,851 | 40.9 | 20% |
| 2013 | 666,509 | 385,883 | 280,626 | 53.7 | 23% |
| 2014 | 459,728 | 358,870 | 100,858 | 61.6 | 28% |
| 2015 | 804,603 | 411,177 | 393,426 | 63.4 | 25% |
| 2016 | 716,755 | 526,535 | 190,220 | 55.5 | 27% |
| 2017 | 750,429 | 748,307 | 2,122 | 41.4 | 17% |
| 2018 | 1,088,562 | 787,380 | 301,182 | 42.5 | 27% |
| 2019 | 1,410,608 | 882,502 | 528,106 | 48.3 | 32% |
| 2020 | 1,860,542 | 1,285,259 | 575,283 | 38.6 | 21% |
| 2021 | 1,969,399 | 1,219,558 | 749,841 | 48.4 | 32% |
| 2022 | 2,648,181 | 1,424,603 | 1,223,578 | 49.4 | 42% |
| 2023 | 2,311,864 | 1,618,613 | 693,251 | 49.5 | 40% |
In its most recent public year (2023), this organization brought in $693,251 more than it spent. Its reserves stood at about 49.5 months of spending, down from 385.6 in 2011. Staff pay was 40% of spending. $354,856 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
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