Mitral Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,056 | 1,362,188 | −1,332,132 | -2.8 | 0% |
| 2012 | 1,906,816 | 300,656 | 1,606,160 | 51.4 | 0% |
| 2013 | 217,342 | 311,377 | −94,035 | 46.0 | 20% |
| 2014 | 359,486 | 531,990 | −172,504 | 23.0 | 29% |
| 2015 | 186,603 | 953,225 | −766,622 | 3.2 | 25% |
| 2016 | 636,052 | 530,082 | 105,970 | 8.1 | 50% |
| 2017 | 769,206 | 478,798 | 290,408 | 16.3 | 36% |
| 2018 | 369,917 | 599,165 | −229,248 | 8.4 | 41% |
| 2019 | 2,241,689 | 1,078,094 | 1,163,595 | 17.6 | 31% |
| 2020 | 796,023 | 1,043,429 | −247,406 | 15.4 | 22% |
| 2021 | 1,066,598 | 896,643 | 169,955 | 20.2 | 22% |
| 2022 | 1,480,969 | 1,047,891 | 433,078 | 22.2 | 23% |
| 2023 | 6,366,710 | 873,022 | 5,493,688 | 102.2 | 25% |
In its most recent public year (2023), this organization brought in $5,493,688 more than it spent. Its reserves stood at about 102.2 months of spending, up from -2.8 in 2011. Staff pay was 25% of spending. $7,433,912 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works