Baptist Memorials Ministries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,549,403 | 17,498,270 | 51,133 | 22.9 | 50% |
| 2012 | 17,289,317 | 17,356,139 | −66,822 | 24.4 | 50% |
| 2013 | 17,484,118 | 17,347,081 | 137,037 | 26.0 | 51% |
| 2014 | 18,513,427 | 18,340,873 | 172,554 | 24.3 | 50% |
| 2015 | 17,476,454 | 17,701,978 | −225,524 | 23.5 | 49% |
| 2016 | 17,185,204 | 17,750,348 | −565,144 | 22.9 | 47% |
| 2017 | 16,695,427 | 17,486,439 | −791,012 | 24.9 | 48% |
| 2018 | 15,414,806 | 15,806,892 | −392,086 | 25.6 | 49% |
| 2019 | 11,411,493 | 13,338,069 | −1,926,576 | 30.7 | 47% |
| 2020 | 16,363,187 | 13,791,198 | 2,571,989 | 33.1 | 46% |
| 2021 | 18,028,006 | 14,075,716 | 3,952,290 | 40.6 | 43% |
| 2022 | 15,568,609 | 15,251,195 | 317,414 | 34.7 | 42% |
| 2023 | 16,512,928 | 15,877,773 | 635,155 | 36.0 | 41% |
In its most recent public year (2023), this organization brought in $635,155 more than it spent. Its reserves stood at about 36 months of spending, up from 22.9 in 2011. Staff pay was 41% of spending. $29,072,595 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
Baptist Memorials Ministries's IRS filings as a feed — one entry per filing year, through 2023. 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