Marines Memorial Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 11,739,755 | 12,246,935 | −507,180 | 10.8 | 42% |
| 2013 | 11,921,193 | 11,702,023 | 219,170 | 11.9 | 45% |
| 2014 | 12,975,624 | 13,266,354 | −290,730 | 10.4 | 43% |
| 2015 | 13,252,446 | 14,186,050 | −933,604 | 9.0 | 43% |
| 2016 | 14,105,673 | 15,442,102 | −1,336,429 | 7.2 | 41% |
| 2017 | 15,438,135 | 15,716,275 | −278,140 | 6.9 | 42% |
| 2018 | 14,938,198 | 16,550,633 | −1,612,435 | 5.6 | 38% |
| 2019 | 16,077,184 | 16,820,902 | −743,718 | 5.1 | 40% |
| 2020 | 13,333,969 | 14,586,743 | −1,252,774 | 4.5 | 39% |
| 2021 | 4,061,396 | 6,909,108 | −2,847,712 | 4.6 | 38% |
| 2022 | 12,603,653 | 9,858,483 | 2,745,170 | 6.3 | 38% |
| 2023 | 10,221,291 | 12,467,788 | −2,246,497 | 2.8 | 43% |
In its most recent public year (2023), this organization spent $2,246,497 more than it brought in. Its reserves stood at about 2.8 months of spending, down from 10.8 in 2012. Staff pay was 43% of spending. $1,648,062 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
Marines Memorial Association'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