Edison Innovation Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 586,387 | 612,368 | −25,981 | 57.6 | 60% |
| 2012 | 1,017,279 | 577,834 | 439,445 | 71.4 | 63% |
| 2013 | 358,434 | 1,232,764 | −874,330 | 26.2 | 30% |
| 2014 | 471,656 | 627,946 | −156,290 | 50.6 | 58% |
| 2015 | 514,282 | 757,690 | −243,408 | 35.9 | 50% |
| 2016 | 384,538 | 835,596 | −451,058 | 26.3 | 45% |
| 2017 | 407,095 | 785,260 | −378,165 | 23.3 | 52% |
| 2018 | 975,382 | 673,478 | 301,904 | 29.6 | 61% |
| 2019 | 448,888 | 615,667 | −166,779 | 34.1 | 67% |
| 2020 | 761,133 | 663,582 | 97,551 | 33.7 | 64% |
| 2021 | 867,148 | 632,001 | 235,147 | 44.4 | 68% |
| 2022 | 755,080 | 679,442 | 75,638 | 37.4 | 68% |
| 2023 | 621,683 | 707,143 | −85,460 | 35.6 | 65% |
In its most recent public year (2023), this organization spent $85,460 more than it brought in. Its reserves stood at about 35.6 months of spending, down from 57.6 in 2011. Staff pay was 65% 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
Edison Innovation Foundation'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