International Place Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 358,045 | 557,783 | −199,738 | 102.9 | 13% |
| 2021 | 375,098 | 589,238 | −214,140 | 93.0 | 12% |
| 2022 | 432,022 | 669,509 | −237,487 | 77.6 | 13% |
| 2023 | 485,399 | 618,592 | −133,193 | 81.4 | 15% |
In its most recent public year (2023), this organization spent $133,193 more than it brought in. Its reserves stood at about 81.4 months of spending, down from 102.9 in 2020. Staff pay was 15% of spending. $7,086,876 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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