THE JOHN MERCK FUNDClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization closed in 2022. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2022
$60,768
Other
72%
Investments
28%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2022
$2,603,301
Grants
73%
Salaries & Benefits
16%
Fees to Service Providers
7%
Offices, Occupancy & IT
3%
Other
1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Depreciation
0%
Revenues
2021
2022
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$66,152
$17,280
-74%
Other
$1,265,566
$43,488
-97%
Total Revenues
$1,331,718
$60,768
-95%
Expenses
2021
2022
Change
Grants
$6,020,875
$1,888,165
-69%
Benefits to Members
$0
$0
-
Salaries & Benefits
$515,372
$407,888
-21%
Fees to Service Providers
$250,515
$180,534
-28%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$86,403
$88,008
+2%
Interest
$56
$0
-100%
Depreciation
$0
$0
-
Other
$99,275
$38,706
-61%
Total Expenses
$6,972,496
$2,603,301
-63%
Net income
2021
2022
Change
Net income
-$5,640,778
-$2,542,533
+55%
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