Research Institute For Fragrance Materials Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 8,967,855 | 10,129,355 | −1,161,500 | 3.6 | 19% |
| 2012 | 10,974,342 | 10,536,368 | 437,974 | 4.3 | 22% |
| 2013 | 13,980,331 | 13,444,048 | 536,283 | 4.3 | 17% |
| 2014 | 14,620,533 | 12,746,756 | 1,873,777 | 6.6 | 18% |
| 2015 | 13,295,891 | 12,175,728 | 1,120,163 | 7.9 | 17% |
| 2016 | 12,690,536 | 11,984,912 | 705,624 | 9.2 | 19% |
| 2017 | 13,176,870 | 12,170,356 | 1,006,514 | 11.0 | 23% |
| 2018 | 13,591,158 | 11,397,886 | 2,193,272 | 13.2 | 25% |
| 2019 | 7,303,727 | 11,569,883 | −4,266,156 | 10.0 | 26% |
| 2020 | 7,182,457 | 12,296,801 | −5,114,344 | 3.5 | 25% |
| 2021 | 12,251,592 | 10,761,215 | 1,490,377 | 6.5 | 30% |
| 2022 | 11,951,894 | 10,797,857 | 1,154,037 | 6.6 | 31% |
| 2023 | 12,195,374 | 12,094,379 | 100,995 | 6.8 | 28% |
In its most recent public year (2023), this organization brought in $100,995 more than it spent. Its reserves stood at about 6.8 months of spending, up from 3.6 in 2011. Staff pay was 28% 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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