The James B Mcclatchy Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,753,956 | 1,044,106 | 1,709,850 | 461.8 | 10% |
| 2012 | 650,653 | 1,188,382 | −537,729 | 405.4 | 12% |
| 2013 | 1,629,426 | 1,547,720 | 81,706 | 341.9 | 12% |
| 2014 | 1,748,421 | 1,483,981 | 264,440 | 407.8 | 14% |
| 2015 | 2,539,988 | 1,722,848 | 817,140 | 346.8 | 13% |
| 2016 | 2,666,679 | 1,976,659 | 690,020 | 292.0 | 12% |
| 2017 | 2,750,402 | 1,988,819 | 761,583 | 317.4 | 12% |
| 2018 | 4,307,586 | 2,278,935 | 2,028,651 | 286.3 | 13% |
| 2019 | 3,116,747 | 1,752,902 | 1,363,845 | 374.4 | 22% |
| 2020 | 6,210,961 | 4,308,226 | 1,902,735 | 140.7 | 16% |
| 2021 | 3,443,288 | 5,463,088 | −2,019,800 | 126.1 | 13% |
| 2022 | 13,652,508 | 8,819,829 | 4,832,679 | 58.6 | 9% |
| 2023 | −1,544,822 | 7,331,174 | −8,875,996 | 63.3 | 13% |
In its most recent public year (2023), this organization spent $8,875,996 more than it brought in. Its reserves stood at about 63.3 months of spending, down from 461.8 in 2011. Staff pay was 13% of spending. $3,060,095 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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