Vermilion Sea Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10 | 37 | −27 | -591.9 | — |
| 2012 | 136,996 | 84,324 | 52,672 | 7.2 | — |
| 2013 | 88,931 | 134,118 | −45,187 | 0.5 | — |
| 2014 | 92,023 | 88,147 | 3,876 | 1.3 | — |
| 2015 | 100,729 | 97,137 | 3,592 | 1.6 | — |
| 2016 | 177,937 | 100,409 | 77,528 | 10.8 | — |
| 2017 | 187,278 | 77,556 | 109,722 | 31.0 | — |
| 2018 | 330,266 | 289,506 | 40,760 | 7.8 | 1% |
| 2019 | 579,585 | 578,933 | 652 | 3.9 | 21% |
| 2020 | 155,693 | 181,984 | −26,291 | 10.7 | 14% |
| 2021 | 305,376 | 253,823 | 51,553 | 10.1 | 11% |
| 2022 | 315,660 | 372,731 | −57,071 | 5.0 | 22% |
| 2023 | 358,659 | 496,283 | −137,624 | 0.4 | 35% |
In its most recent public year (2023), this organization spent $137,624 more than it brought in. Its reserves stood at about 0.4 months of spending, up from -591.9 in 2011. Staff pay was 35% 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
Vermilion Sea Institute'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