Massachusetts Biotechnology Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,738,349 | 4,194,813 | 543,536 | 14.1 | 52% |
| 2012 | 6,527,377 | 5,692,061 | 835,316 | 12.2 | 39% |
| 2013 | 5,300,605 | 5,280,131 | 20,474 | 13.2 | 46% |
| 2014 | 5,929,542 | 5,266,196 | 663,346 | 14.7 | 48% |
| 2015 | 6,644,496 | 5,588,702 | 1,055,794 | 16.1 | 45% |
| 2016 | 7,438,561 | 6,255,924 | 1,182,637 | 16.7 | 45% |
| 2017 | 8,298,114 | 7,959,465 | 338,649 | 13.6 | 39% |
| 2018 | 10,531,492 | 10,070,131 | 461,361 | 11.3 | 39% |
| 2019 | 11,604,426 | 10,683,430 | 920,996 | 11.7 | 44% |
| 2020 | 12,486,190 | 10,070,293 | 2,415,897 | 15.3 | 40% |
| 2021 | 14,815,378 | 11,052,367 | 3,763,011 | 18.0 | 36% |
| 2022 | 16,916,817 | 15,878,078 | 1,038,739 | 13.3 | 36% |
| 2023 | 18,520,598 | 17,553,360 | 967,238 | 12.7 | 34% |
In its most recent public year (2023), this organization brought in $967,238 more than it spent. Its reserves stood at about 12.7 months of spending, down from 14.1 in 2011. Staff pay was 34% of spending. $126,530 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
Massachusetts Biotechnology Council Inc'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