Umuc Ventures Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 2,006,934 | −2,006,934 | 77.7 | 53% |
| 2018 | 26,378,581 | 22,583,553 | 3,795,028 | 8.9 | 54% |
| 2019 | 44,785,681 | 36,082,026 | 8,703,655 | 8.6 | 39% |
| 2020 | 84,307,133 | 63,681,101 | 20,626,032 | 6.8 | 30% |
| 2021 | 47,696,802 | 44,207,999 | 3,488,803 | 10.9 | 35% |
| 2022 | 43,421,101 | 39,820,634 | 3,600,467 | 12.3 | 45% |
| 2023 | 40,053,558 | 40,082,987 | −29,429 | 12.0 | 48% |
In its most recent public year (2023), this organization spent $29,429 more than it brought in. Its reserves stood at about 12 months of spending, down from 77.7 in 2017. Staff pay was 48% of spending.
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
Umuc Ventures Inc'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