Junior League Of Memphis Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 694,267 | 633,830 | 60,437 | 73.6 | 28% |
| 2022 | 974,091 | 836,961 | 137,130 | 52.9 | 25% |
| 2023 | 808,616 | 1,241,573 | −432,957 | 31.0 | 20% |
In its most recent public year (2023), this organization spent $432,957 more than it brought in. Its reserves stood at about 31 months of spending, down from 73.6 in 2021. Staff pay was 20% of spending. $20,156 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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