Montage Health Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 145,409,735 | 6,031,167 | 139,378,568 | 277.3 | 23% |
| 2018 | 21,678,715 | 9,229,572 | 12,449,143 | 180.3 | 18% |
| 2019 | 16,821,516 | 10,978,236 | 5,843,280 | 179.7 | 17% |
| 2020 | 18,572,587 | 10,434,516 | 8,138,071 | 217.9 | 20% |
| 2021 | 32,937,422 | 16,293,128 | 16,644,294 | 180.4 | 12% |
| 2022 | 30,198,946 | 17,349,878 | 12,849,068 | 157.0 | 13% |
| 2023 | 28,216,248 | 83,922,017 | −55,705,769 | 27.9 | 3% |
In its most recent public year (2023), this organization spent $55,705,769 more than it brought in. Its reserves stood at about 27.9 months of spending, down from 277.3 in 2017. Staff pay was 3% of spending. $161,923,316 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
Montage Health Foundation'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