Financial Information for Lake Superior State University Foundation

Lake Superior State University Foundation's annual revenue was $8.6M in tax year 2024, reported on their IRS Form 990. They spent $3.0M in total expenses. 85% went to programs and services.

Financial Breakdown

What is Lake Superior State University Foundation's total annual expenses?

Lake Superior State University Foundation spent $3.0M in tax year 2024, according to their IRS Form 990 filing.

How much of Lake Superior State University Foundation's budget goes to programs?

Lake Superior State University Foundation spent $2.5M (85% of expenses) on programs and services in tax year 2024.

How much does Lake Superior State University Foundation spend on overhead?

Lake Superior State University Foundation's overhead in tax year 2024 includes administrative (15%) and fundraising (1%) of their expenses.

What is Lake Superior State University Foundation's net worth?

Lake Superior State University Foundation had net assets of $32.7M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.