Is Mgm Resorts Foundation Legit?

The MGM Resorts Foundation demonstrates a generally stable financial position, with assets consistently in the multi-million dollar range, reaching $8,972,674 in the latest 2023 filing. Revenue and expenses have fluctuated over the years, notably with a significant spike in 2020 where revenue was $16,665,456 and expenses were $19,435,876, indicating a period of increased activity or specific large-scale initiatives. In recent years (2022-2023), the foundation has shown a positive net income, with revenues exceeding expenses, suggesting sound financial management. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries, which is a significant positive for donor confidence.