Institute For Principle Studies
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 411,114 | 345,678 | 65,436 | 4.6 | 53% |
| 2021 | 442,134 | 363,663 | 78,471 | 7.0 | 54% |
| 2022 | 439,037 | 333,089 | 105,948 | 11.4 | 49% |
| 2023 | 319,713 | 374,613 | −54,900 | 8.4 | 49% |
In its most recent public year (2023), this organization spent $54,900 more than it brought in. Its reserves stood at about 8.4 months of spending, up from 4.6 in 2020. Staff pay was 49% 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
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