Art Of Problem Solving Initiative Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 205,908 | 191,937 | 13,971 | 12.7 | 0% |
| 2012 | 382,819 | 344,313 | 38,506 | 9.0 | 14% |
| 2013 | 779,562 | 437,928 | 341,634 | 16.4 | 18% |
| 2014 | 804,806 | 600,306 | 204,500 | 16.1 | 36% |
| 2015 | 936,229 | 783,420 | 152,809 | 14.7 | 40% |
| 2016 | 1,801,072 | 1,313,522 | 487,550 | 13.2 | 41% |
| 2017 | 3,385,545 | 1,401,204 | 1,984,341 | 29.4 | 54% |
| 2018 | 346,544 | 398,108 | −51,564 | 101.9 | 68% |
| 2019 | 3,351,906 | 2,584,327 | 767,579 | 19.3 | 56% |
| 2020 | 3,525,853 | 3,238,899 | 286,954 | 16.4 | 58% |
| 2021 | 7,701,538 | 3,737,814 | 3,963,724 | 27.0 | 61% |
| 2022 | 7,944,885 | 4,977,757 | 2,967,128 | 27.8 | 61% |
| 2023 | 7,630,346 | 6,475,584 | 1,154,762 | 23.7 | 57% |
In its most recent public year (2023), this organization brought in $1,154,762 more than it spent. Its reserves stood at about 23.7 months of spending, up from 12.7 in 2011. Staff pay was 57% of spending. $7,748,338 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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