Lincoln Memorial University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 85,059,400 | 77,177,696 | 7,881,704 | 11.7 | 37% |
| 2012 | 93,063,292 | 86,660,361 | 6,402,931 | 11.2 | 37% |
| 2013 | 102,068,874 | 96,671,534 | 5,397,340 | 10.9 | 38% |
| 2014 | 96,293,306 | 97,926,067 | −1,632,761 | 10.8 | 38% |
| 2015 | 111,492,150 | 101,134,541 | 10,357,609 | 11.6 | 40% |
| 2016 | 119,352,063 | 111,224,109 | 8,127,954 | 11.3 | 39% |
| 2017 | 136,234,774 | 125,197,769 | 11,037,005 | 11.3 | 38% |
| 2018 | 157,376,764 | 139,628,550 | 17,748,214 | 11.8 | 37% |
| 2019 | 157,542,114 | 145,322,877 | 12,219,237 | 12.5 | 38% |
| 2020 | 171,241,775 | 155,070,672 | 16,171,103 | 12.8 | 39% |
| 2021 | 189,897,370 | 162,543,981 | 27,353,389 | 15.2 | 40% |
| 2022 | 200,478,196 | 164,166,411 | 36,311,785 | 17.3 | 38% |
| 2023 | 225,089,467 | 182,443,324 | 42,646,143 | 18.5 | 39% |
In its most recent public year (2023), this organization brought in $42,646,143 more than it spent. Its reserves stood at about 18.5 months of spending, up from 11.7 in 2011. Staff pay was 39% of spending. $58,852,863 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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