Morningstar Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 54,190 | 54,000 | 190 | 3.9 | — |
| 2012 | 53,730 | 53,952 | −222 | 2.3 | — |
| 2013 | 59,777 | 58,461 | 1,316 | 3.9 | — |
| 2014 | 60,392 | 67,312 | −6,920 | 2.1 | — |
| 2015 | 91,807 | 86,015 | 5,792 | 2.5 | — |
| 2016 | 108,722 | 90,864 | 17,858 | 4.7 | — |
| 2017 | 161,956 | 153,658 | 8,298 | 3.4 | — |
| 2018 | 157,655 | 159,876 | −2,221 | 3.1 | — |
| 2019 | 168,344 | 167,444 | 900 | 3.0 | — |
| 2020 | 201,896 | 202,035 | −139 | 2.5 | 46% |
| 2021 | 188,149 | 195,578 | −7,429 | 2.1 | 46% |
| 2022 | 201,980 | 181,661 | 20,319 | 3.6 | 51% |
| 2023 | 231,540 | 233,042 | −1,502 | 2.8 | 38% |
| 2024 | 213,585 | 245,627 | −32,042 | 1.1 | 44% |
In its most recent public year (2024), this organization spent $32,042 more than it brought in. Its reserves stood at about 1.1 months of spending, down from 3.9 in 2011. Staff pay was 44% of spending.
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 2024. 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
Morningstar Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works