Daedalian Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 403,011 | 281,207 | 121,804 | 145.1 | 3% |
| 2012 | 382,125 | 301,776 | 80,349 | 143.8 | 7% |
| 2013 | 324,338 | 298,822 | 25,516 | 149.6 | 8% |
| 2015 | 511,224 | 409,013 | 102,211 | 106.8 | 9% |
| 2016 | 228,281 | 316,203 | −87,922 | 142.1 | 17% |
| 2017 | 392,422 | 335,677 | 56,745 | 140.6 | 0% |
| 2018 | 349,300 | 364,941 | −15,641 | 121.1 | 0% |
| 2019 | 611,607 | 329,583 | 282,024 | 155.8 | 0% |
| 2020 | 433,786 | 367,530 | 66,256 | 146.6 | 0% |
| 2021 | 1,056,404 | 540,553 | 515,851 | 106.3 | 0% |
| 2022 | 614,536 | 792,042 | −177,506 | 58.3 | 0% |
| 2023 | 699,241 | 1,004,888 | −305,647 | 47.7 | 0% |
In its most recent public year (2023), this organization spent $305,647 more than it brought in. Its reserves stood at about 47.7 months of spending, down from 145.1 in 2011. Staff pay was 0% of spending. $3,148,945 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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