Luis Fonsi Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55 | 41,640 | −41,585 | 15.0 | 0% |
| 2021 | 100,000 | 4,385 | 95,615 | 404.4 | 0% |
| 2022 | 0 | 50,000 | −50,000 | 23.5 | 0% |
| 2023 | 500,000 | 0 | 500,000 | — | — |
In its most recent public year (2023), this organization brought in $500,000 more than it spent.
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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