Society Of Naval Architects And Marine Engineers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,076,414 | 4,736,347 | 1,340,067 | 32.6 | 19% |
| 2012 | 3,950,663 | 4,109,084 | −158,421 | 34.5 | 18% |
| 2013 | 3,841,089 | 3,563,451 | 277,638 | 41.7 | 24% |
| 2014 | 3,706,619 | 3,873,631 | −167,012 | 41.6 | 26% |
| 2015 | 3,884,790 | 3,360,142 | 524,648 | 57.7 | 24% |
| 2016 | 3,515,683 | 3,985,635 | −469,952 | 45.9 | 20% |
| 2017 | 3,139,107 | 3,522,556 | −383,449 | 56.6 | 19% |
| 2018 | 3,210,706 | 3,363,993 | −153,287 | 61.5 | 19% |
| 2019 | 3,002,940 | 3,780,873 | −777,933 | 52.7 | 25% |
| 2020 | 2,157,165 | 2,803,075 | −645,910 | 65.9 | 29% |
| 2021 | 1,515,086 | 2,471,005 | −955,919 | 95.5 | 34% |
| 2022 | −1,536,359 | 3,081,430 | −4,617,789 | 61.9 | 27% |
| 2023 | 1,041,435 | 3,007,993 | −1,966,558 | 68.2 | 27% |
In its most recent public year (2023), this organization spent $1,966,558 more than it brought in. Its reserves stood at about 68.2 months of spending, up from 32.6 in 2011. Staff pay was 27% of spending. $1,778,422 of its net assets are donor-restricted.
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
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