Wmbc Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 103,298 | 90,888 | 12,410 | 1.6 | — |
| 2020 | 168,782 | 168,903 | −121 | 0.9 | — |
| 2021 | 112,545 | 112,777 | −232 | 1.3 | — |
| 2022 | 146,555 | 150,622 | −4,067 | 0.6 | — |
| 2023 | 185,004 | 152,516 | 32,488 | 3.2 | — |
In its most recent public year (2023), this organization brought in $32,488 more than it spent. Its reserves stood at about 3.2 months of spending, up from 1.6 in 2019.
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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