Mclaughlin Research Institute For Biomedical Sciences
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,881,556 | 2,129,940 | 751,616 | 59.2 | 37% |
| 2021 | 3,697,613 | 2,360,443 | 1,337,170 | 63.9 | 42% |
| 2022 | 7,636,768 | 3,698,612 | 3,938,156 | 49.6 | 45% |
In its most recent public year (2022), this organization brought in $3,938,156 more than it spent. Its reserves stood at about 49.6 months of spending, down from 59.2 in 2020. Staff pay was 45% of spending. $3,713,988 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 2022. 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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