Magellan Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 31,949 | 34,890 | −2,941 | 20.0 | — |
| 2020 | 62,515 | 50,794 | 11,721 | 16.5 | — |
| 2021 | 68,266 | 20,153 | 48,113 | 70.2 | — |
| 2022 | 87,079 | 143,172 | −56,093 | 5.2 | — |
| 2023 | 81,290 | 66,933 | 14,357 | 13.7 | — |
In its most recent public year (2023), this organization brought in $14,357 more than it spent. Its reserves stood at about 13.7 months of spending, down from 20 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
Magellan 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