Frank Lloyd Wright Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 8,507,584 | 6,688,869 | 1,818,715 | 33.8 | 47% |
| 2022 | 12,357,928 | 9,288,262 | 3,069,666 | 27.8 | 43% |
| 2023 | 9,968,869 | 9,926,460 | 42,409 | 26.7 | 50% |
| 2024 | 9,433,316 | 10,795,054 | −1,361,738 | 23.5 | 49% |
In its most recent public year (2024), this organization spent $1,361,738 more than it brought in. Its reserves stood at about 23.5 months of spending, down from 33.8 in 2021. Staff pay was 49% of spending. $3,685,540 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 2024. 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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