Lipscomb University
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 216,257,194 | 206,269,469 | 9,987,725 | 12.9 | 33% |
| 2022 | 227,470,382 | 227,963,545 | −493,163 | 11.3 | 32% |
| 2023 | 228,207,955 | 235,575,959 | −7,368,004 | 10.4 | 32% |
In its most recent public year (2023), this organization spent $7,368,004 more than it brought in. Its reserves stood at about 10.4 months of spending, down from 12.9 in 2021. Staff pay was 32% of spending. $116,731,091 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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