Bay City News Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 116,632 | 122,312 | −5,680 | 0.1 | — |
| 2020 | 433,896 | 346,546 | 87,350 | 3.1 | 93% |
| 2021 | 360,863 | 369,218 | −8,355 | 2.6 | 97% |
| 2022 | 477,853 | 479,485 | −1,632 | 2.0 | 75% |
| 2023 | 481,029 | 509,679 | −28,650 | 1.3 | 78% |
In its most recent public year (2023), this organization spent $28,650 more than it brought in. Its reserves stood at about 1.3 months of spending, up from 0.1 in 2019. Staff pay was 78% of spending. $16,280 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
Bay City News 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