Mq Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 187,513 | 90,855 | 96,658 | 12.8 | — |
| 2019 | 592,698 | 347,776 | 244,922 | 11.8 | 0% |
| 2020 | 398,781 | 535,603 | −136,822 | 4.6 | 0% |
| 2021 | 1,052,758 | 505,921 | 546,837 | 17.8 | 18% |
| 2022 | 1,898,686 | 1,739,216 | 159,470 | 6.3 | 18% |
| 2023 | 973,387 | 1,310,646 | −337,259 | 5.3 | 27% |
In its most recent public year (2023), this organization spent $337,259 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 12.8 in 2018. Staff pay was 27% of spending. $1,033,405 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
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