Descanso Gardens Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,352,909 | 5,917,333 | 435,576 | 17.8 | 41% |
| 2021 | 13,487,216 | 9,518,122 | 3,969,094 | 16.5 | 30% |
| 2022 | 16,704,728 | 13,160,520 | 3,544,208 | 14.5 | 28% |
| 2023 | 17,462,988 | 15,171,771 | 2,291,217 | 14.7 | 26% |
In its most recent public year (2023), this organization brought in $2,291,217 more than it spent. Its reserves stood at about 14.7 months of spending, down from 17.8 in 2020. Staff pay was 26% of spending. $3,636,619 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works