Utah Journalism Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,458,166 | 1,982,862 | 1,475,304 | 27.4 | 0% |
| 2021 | 475,439 | 46,940 | 428,499 | 1334.6 | 0% |
| 2022 | 234,985 | 222,482 | 12,503 | 224.4 | 0% |
In its most recent public year (2022), this organization brought in $12,503 more than it spent. Its reserves stood at about 224.4 months of spending, up from 27.4 in 2020. 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 2022. 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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