Majority Action
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 687,500 | 576,402 | 111,098 | 2.3 | 42% |
| 2020 | 1,018,925 | 1,024,109 | −5,184 | 1.9 | 32% |
| 2021 | 3,131,363 | 1,955,921 | 1,175,442 | 10.7 | 44% |
| 2022 | 3,400,000 | 2,789,569 | 610,431 | 10.3 | 52% |
| 2023 | 3,711,500 | 4,141,182 | −429,682 | 5.7 | 48% |
In its most recent public year (2023), this organization spent $429,682 more than it brought in. Its reserves stood at about 5.7 months of spending, up from 2.3 in 2019. Staff pay was 48% of spending. $1,025,247 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
Majority Action'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