Luther Burbank Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,214,603 | 8,723,567 | −1,508,964 | 14.6 | 31% |
| 2012 | 8,737,810 | 8,777,096 | −39,286 | 14.3 | 30% |
| 2013 | 10,804,609 | 8,564,645 | 2,239,964 | 18.4 | 32% |
| 2014 | 9,357,349 | 9,609,031 | −251,682 | 16.5 | 29% |
| 2015 | 12,355,106 | 10,356,490 | 1,998,616 | 17.3 | 28% |
| 2016 | 11,281,050 | 9,849,463 | 1,431,587 | 19.6 | 29% |
| 2017 | 12,324,876 | 10,879,572 | 1,445,304 | 19.4 | 28% |
| 2018 | 15,312,529 | 10,806,793 | 4,505,736 | 24.1 | 29% |
| 2019 | 18,184,548 | 10,955,340 | 7,229,208 | 31.5 | 31% |
| 2020 | 7,447,811 | 9,282,864 | −1,835,053 | 33.9 | 33% |
| 2021 | 3,608,407 | 5,596,619 | −1,988,212 | 56.6 | 42% |
| 2022 | 16,161,291 | 10,988,589 | 5,172,702 | 32.2 | 34% |
| 2023 | 18,344,579 | 13,208,323 | 5,136,256 | 31.6 | 34% |
In its most recent public year (2023), this organization brought in $5,136,256 more than it spent. Its reserves stood at about 31.6 months of spending, up from 14.6 in 2011. Staff pay was 34% of spending. $6,726,999 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
Luther Burbank 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