The Miami Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 10,483,634 | 17,862,383 | −7,378,749 | 77.1 | 6% |
| 2011 | 31,628,110 | 21,722,850 | 9,905,260 | 66.9 | 6% |
| 2012 | 27,897,432 | 23,383,910 | 4,513,522 | 66.9 | 7% |
| 2013 | 50,377,927 | 24,700,169 | 25,677,758 | 79.4 | 6% |
| 2014 | 65,357,937 | 50,851,692 | 14,506,245 | 42.0 | 3% |
| 2015 | 71,680,322 | 49,346,100 | 22,334,222 | 47.6 | 3% |
| 2016 | 57,468,145 | 43,120,575 | 14,347,570 | 61.8 | 4% |
| 2017 | 122,690,429 | 61,191,778 | 61,498,651 | 59.3 | 3% |
| 2018 | 80,485,028 | 67,556,703 | 12,928,325 | 51.7 | 3% |
| 2019 | 71,214,256 | 68,006,929 | 3,207,327 | 57.3 | 3% |
| 2020 | 73,742,948 | 83,051,681 | −9,308,733 | 49.0 | 2% |
| 2021 | 147,324,669 | 70,287,015 | 77,037,654 | 72.3 | 3% |
| 2022 | 113,981,496 | 81,136,698 | 32,844,798 | 58.9 | 4% |
| 2023 | 133,524,071 | 79,026,991 | 54,497,080 | 74.3 | 5% |
In its most recent public year (2023), this organization brought in $54,497,080 more than it spent. Its reserves stood at about 74.3 months of spending, down from 77.1 in 2010. Staff pay was 5% of spending. $67,941,818 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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