|Total Revenue*||$ 18,773,592||$ 28,056,667|
|Total Expenses||$ 28,669,739||$ 39,914,538|
|Annual Research Expenses||$ 19,760,631||$ 24,673,145|
|Research Commitments Outstanding||$ 43,292,539||$ 29,710,588|
|Total Net Assets||$ 80,956,636||$ 90,589,555|
* The decrease in FY2020 revenue over FY2019 revenue is primarily due to a decrease in $6.4 million in donated media and a $2 million bequest received in 2019.
The financial performance information for FY2020 represents the activity of the Foundation for the period from July 1, 2019 through June 30, 2020.
The audited financial statements of the Lustgarten Foundation are available on our website, www.lustgarten.org.