Lake Merritt Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 170,759 | 188,210 | −17,451 | 1.2 | 58% |
| 2013 | 183,164 | 169,389 | 13,775 | 3.0 | 55% |
| 2014 | 181,877 | 186,355 | −4,478 | 2.5 | 58% |
| 2015 | 173,324 | 165,324 | 8,000 | 2.6 | 64% |
| 2016 | 242,385 | 191,598 | 50,787 | 5.1 | 67% |
| 2017 | 181,044 | 203,788 | −22,744 | 3.4 | — |
| 2018 | 199,496 | 216,454 | −16,958 | 2.3 | — |
| 2019 | 186,257 | 192,036 | −5,779 | 2.2 | — |
| 2020 | 213,796 | 198,992 | 14,804 | 3.0 | 64% |
| 2021 | 237,953 | 238,575 | −622 | 2.5 | 44% |
| 2022 | 176,995 | 212,535 | −35,540 | 0.8 | 50% |
| 2023 | 263,530 | 254,799 | 8,731 | 2.4 | 45% |
In its most recent public year (2023), this organization brought in $8,731 more than it spent. Its reserves stood at about 2.4 months of spending, up from 1.2 in 2012. Staff pay was 45% 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
Lake Merritt Institute'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