Legacy Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 9,524,200 | 4,723,647 | 4,800,553 | 12.2 | 5% |
| 2019 | 523,223 | 1,088,273 | −565,050 | 46.5 | 25% |
| 2020 | 16,872 | 1,032,403 | −1,015,531 | 34.3 | 34% |
| 2021 | 318,949 | 766,730 | −447,781 | 39.1 | 46% |
| 2022 | 371,271 | 663,759 | −292,488 | 39.9 | 40% |
| 2023 | 655,245 | 1,764,991 | −1,109,746 | 7.5 | 19% |
In its most recent public year (2023), this organization spent $1,109,746 more than it brought in. Its reserves stood at about 7.5 months of spending, down from 12.2 in 2018. Staff pay was 19% 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
Legacy Institute'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