Investment Adviser Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,592,527 | 3,433,940 | 158,587 | 8.4 | 61% |
| 2012 | 3,804,325 | 3,410,606 | 393,719 | 9.8 | 58% |
| 2013 | 3,944,067 | 3,661,177 | 282,890 | 9.9 | 61% |
| 2014 | 4,314,654 | 4,288,629 | 26,025 | 8.5 | 58% |
| 2015 | 4,597,119 | 4,359,341 | 237,778 | 8.9 | 62% |
| 2016 | 5,155,863 | 4,849,597 | 306,266 | 8.6 | 62% |
| 2017 | 5,463,193 | 5,139,830 | 323,363 | 8.8 | 56% |
| 2018 | 5,828,438 | 5,868,411 | −39,973 | 7.6 | 59% |
| 2019 | 6,400,740 | 6,113,308 | 287,432 | 7.9 | 58% |
| 2020 | 6,258,601 | 5,946,964 | 311,637 | 8.7 | 63% |
| 2021 | 5,665,058 | 6,225,415 | −560,357 | 7.0 | 66% |
| 2022 | 6,808,451 | 6,960,922 | −152,471 | 5.6 | 61% |
| 2023 | 6,862,509 | 7,114,955 | −252,446 | 5.2 | 62% |
In its most recent public year (2023), this organization spent $252,446 more than it brought in. Its reserves stood at about 5.2 months of spending, down from 8.4 in 2011. Staff pay was 62% 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
Investment Adviser Association'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