The Santa Monica College Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,832,872 | 1,901,739 | −68,867 | 115.6 | 24% |
| 2012 | 2,995,081 | 2,410,847 | 584,234 | 92.8 | 13% |
| 2013 | 3,591,617 | 2,532,983 | 1,058,634 | 98.5 | 24% |
| 2014 | 3,451,001 | 3,115,311 | 335,690 | 88.5 | 24% |
| 2015 | 3,186,502 | 2,776,417 | 410,085 | 94.1 | 21% |
| 2016 | 2,192,874 | 2,556,515 | −363,641 | 98.1 | 23% |
| 2017 | 3,362,625 | 1,917,463 | 1,445,162 | 145.5 | 11% |
| 2018 | 3,762,374 | 2,166,726 | 1,595,648 | 134.3 | 11% |
| 2019 | 2,808,147 | 2,357,479 | 450,668 | 132.1 | 16% |
| 2020 | 4,175,313 | 2,523,884 | 1,651,429 | 131.9 | 15% |
| 2021 | 10,126,072 | 3,134,262 | 6,991,810 | 137.1 | 11% |
| 2022 | 5,618,843 | 3,381,988 | 2,236,855 | 112.9 | 9% |
| 2023 | 4,860,408 | 2,942,303 | 1,918,105 | 144.9 | 13% |
In its most recent public year (2023), this organization brought in $1,918,105 more than it spent. Its reserves stood at about 144.9 months of spending, up from 115.6 in 2011. Staff pay was 13% of spending. $32,126,580 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
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