THE MULTIPLE MYELOMA RESEARCH FOUNDATION INC
Income Statement
Fiscal Year Start:
Jan 1
Revenues in 2024
$29,101,414
Contributions
82%
Program Services
8%
Investments
5%
Other
4%
Government Grants
<1%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$35,604,337
Salaries & Benefits
32%
Other
21%
Grants
17%
Fees to Service Providers
15%
Offices, Occupancy & IT
9%
Advertising & Promotion
5%
Depreciation
1%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$30,976,388
$24,004,007
-23%
Government Grants
$0
$96,720
-
Fundraising Events
$0
$0
-
Program Services
$1,281,492
$2,261,716
+76%
Membership Dues
$0
$0
-
Investments
$1,696,550
$1,580,287
-7%
Other
-$3,840
$1,158,684
-30274%
Total Revenues
$33,950,590
$29,101,414
-14%
Expenses
2023
2024
Change
Grants
$8,051,387
$6,080,876
-24%
Benefits to Members
$0
$0
-
Salaries & Benefits
$11,521,963
$11,390,435
-1%
Fees to Service Providers
$6,124,491
$5,351,886
-13%
Advertising & Promotion
$2,009,835
$1,674,634
-17%
Offices, Occupancy & IT
$4,095,567
$3,030,954
-26%
Interest
$0
$0
-
Depreciation
$762,057
$446,265
-41%
Other
$9,325,529
$7,629,287
-18%
Total Expenses
$41,890,829
$35,604,337
-15%
Net income
2023
2024
Change
Net income
-$7,940,239
-$6,502,923
+18%
Functional Expenses
Summary
2023
2024
Change
Program
$34,967,358
$29,021,484
-17%
Admin
$1,350,403
$1,202,727
-11%
Fundraising
$5,573,068
$5,380,126
-3%
Total Expenses
$41,890,829
$35,604,337
-15%
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