Mormonism Research Ministry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 238,695 | 175,415 | 63,280 | 11.2 | 42% |
| 2021 | 233,654 | 187,768 | 45,886 | 13.4 | 28% |
| 2022 | 431,562 | 204,242 | 227,320 | 25.7 | 36% |
| 2023 | 697,353 | 295,964 | 401,389 | 34.0 | 24% |
In its most recent public year (2023), this organization brought in $401,389 more than it spent. Its reserves stood at about 34 months of spending, up from 11.2 in 2020. Staff pay was 24% 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
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