Belmont University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 378,873,316 | 281,342,363 | 97,530,953 | 44.7 | 37% |
| 2021 | 406,447,186 | 295,602,386 | 110,844,800 | 49.3 | 36% |
| 2022 | 464,356,154 | 352,879,826 | 111,476,328 | 43.5 | 34% |
| 2023 | 453,993,835 | 405,658,061 | 48,335,774 | 38.9 | 34% |
In its most recent public year (2023), this organization brought in $48,335,774 more than it spent. Its reserves stood at about 38.9 months of spending, down from 44.7 in 2020. Staff pay was 34% of spending. $288,199,645 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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