Materials Technology Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,689,618 | 1,845,924 | −156,306 | 13.8 | 44% |
| 2013 | 1,779,547 | 2,127,145 | −347,598 | 10.0 | 40% |
| 2014 | 1,901,248 | 2,015,023 | −113,775 | 9.9 | 42% |
| 2015 | 1,036,701 | 1,329,531 | −292,830 | 11.6 | 39% |
| 2016 | 2,109,961 | 2,172,054 | −62,093 | 6.7 | 45% |
| 2017 | 2,196,195 | 2,215,948 | −19,753 | 6.5 | 43% |
| 2018 | 2,273,472 | 2,154,072 | 119,400 | 7.3 | 41% |
| 2019 | 2,412,256 | 1,965,406 | 446,850 | 10.8 | 43% |
| 2020 | 2,591,315 | 1,836,350 | 754,965 | 16.5 | 46% |
| 2021 | 2,286,032 | 2,057,676 | 228,356 | 15.6 | 44% |
| 2022 | 2,455,959 | 2,491,783 | −35,824 | 11.7 | 36% |
| 2023 | 2,556,624 | 2,177,682 | 378,942 | 15.8 | 40% |
In its most recent public year (2023), this organization brought in $378,942 more than it spent. Its reserves stood at about 15.8 months of spending, up from 13.8 in 2012. Staff pay was 40% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Materials Technology Institute Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works