Fanatics Charitable Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 10,000,000 | 3,191,451 | 6,808,549 | 25.6 | 0% |
| 2023 | 14,357,962 | 20,305,999 | −5,948,037 | 0.5 | 0% |
In its most recent public year (2023), this organization spent $5,948,037 more than it brought in. Its reserves stood at about 0.5 months of spending, down from 25.6 in 2022. 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 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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