Peter Michael Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 675,719 | 742,936 | −67,217 | 8.5 | 10% |
| 2012 | 489,365 | 598,655 | −109,290 | 8.3 | 7% |
| 2013 | 540,817 | 588,170 | −47,353 | 7.5 | 0% |
| 2014 | 371,368 | 557,721 | −186,353 | 3.9 | 0% |
| 2015 | 755,318 | 505,543 | 249,775 | 10.3 | 0% |
| 2016 | 526,984 | 543,256 | −16,272 | 9.2 | 0% |
| 2017 | 538,662 | 606,770 | −68,108 | 6.9 | 0% |
| 2018 | 931,841 | 802,491 | 129,350 | 7.1 | 0% |
| 2019 | 726,576 | 537,111 | 189,465 | 14.9 | 0% |
| 2020 | 234,890 | 393,734 | −158,844 | 15.5 | 0% |
| 2021 | 969,492 | 541,341 | 428,151 | 20.8 | 0% |
| 2022 | 786,143 | 760,365 | 25,778 | 15.2 | 0% |
| 2023 | 830,746 | 849,102 | −18,356 | 13.3 | 0% |
In its most recent public year (2023), this organization spent $18,356 more than it brought in. Its reserves stood at about 13.3 months of spending, up from 8.5 in 2011. 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
Peter Michael 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