Lowell Observatory
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,138,487 | 7,125,856 | 12,631 | 52.4 | 43% |
| 2012 | 7,676,546 | 9,655,904 | −1,979,358 | 36.5 | 42% |
| 2013 | 8,056,313 | 10,757,145 | −2,700,832 | 29.8 | 42% |
| 2014 | 8,592,424 | 10,561,464 | −1,969,040 | 28.0 | 41% |
| 2015 | 7,579,056 | 13,157,576 | −5,578,520 | 17.2 | 38% |
| 2016 | 11,056,035 | 12,957,893 | −1,901,858 | 16.3 | 42% |
| 2017 | 22,523,259 | 12,648,803 | 9,874,456 | 26.3 | 42% |
| 2018 | 16,797,299 | 12,829,418 | 3,967,881 | 29.5 | 47% |
| 2019 | 29,221,520 | 14,346,917 | 14,874,603 | 37.1 | 46% |
| 2020 | 16,133,508 | 13,478,815 | 2,654,693 | 41.8 | 50% |
| 2021 | 22,823,113 | 16,074,661 | 6,748,452 | 39.5 | 46% |
| 2022 | 20,035,165 | 19,188,129 | 847,036 | 34.8 | 48% |
| 2023 | 20,163,990 | 18,645,161 | 1,518,829 | 36.3 | 48% |
In its most recent public year (2023), this organization brought in $1,518,829 more than it spent. Its reserves stood at about 36.3 months of spending, down from 52.4 in 2011. Staff pay was 48% of spending. $17,924,595 of its net assets are donor-restricted.
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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