Mip Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 117,545 | 70,094 | 47,451 | 11.1 | 0% |
| 2020 | 137,111 | 76,693 | 60,418 | 19.6 | 0% |
| 2021 | 98,832 | 48,794 | 50,038 | 43.1 | 0% |
| 2022 | 144,427 | 105,075 | 39,352 | 24.5 | 0% |
| 2023 | 164,084 | 161,464 | 2,620 | 16.2 | 0% |
In its most recent public year (2023), this organization brought in $2,620 more than it spent. Its reserves stood at about 16.2 months of spending, up from 11.1 in 2019. Staff pay was 0% 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
Mip 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