The Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,330,352 | 2,777,434 | 1,552,918 | 34.2 | 0% |
| 2012 | 2,412,211 | 5,665,621 | −3,253,410 | 10.3 | 0% |
| 2013 | 3,468,381 | 2,623,839 | 844,542 | 27.3 | 0% |
| 2014 | 3,546,684 | 2,321,216 | 1,225,468 | 37.8 | 0% |
| 2015 | 2,725,970 | 2,131,732 | 594,238 | 43.4 | 0% |
| 2016 | 4,260,465 | 2,466,661 | 1,793,804 | 51.5 | 21% |
| 2017 | 5,546,207 | 4,748,637 | 797,570 | 30.1 | 12% |
| 2018 | 3,162,828 | 2,874,121 | 288,707 | 47.5 | 18% |
| 2019 | 3,212,852 | 3,196,895 | 15,957 | 47.4 | 15% |
| 2020 | 4,430,240 | 2,996,062 | 1,434,178 | 59.7 | 18% |
| 2021 | 5,774,683 | 3,354,268 | 2,420,415 | 63.9 | 17% |
| 2022 | 10,308,328 | 3,090,316 | 7,218,012 | 87.5 | 21% |
| 2023 | 8,265,069 | 3,408,682 | 4,856,387 | 100.2 | 21% |
In its most recent public year (2023), this organization brought in $4,856,387 more than it spent. Its reserves stood at about 100.2 months of spending, up from 34.2 in 2011. Staff pay was 21% of spending. $22,895,047 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
The Memorial 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