Innovative Media Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 837,578 | 1,169,225 | −331,647 | 1.1 | 8% |
| 2014 | 1,391,622 | 1,190,576 | 201,046 | 3.1 | 10% |
| 2015 | 1,294,192 | 1,356,396 | −62,204 | 3.0 | 12% |
| 2016 | 948,399 | 974,317 | −25,918 | 3.9 | 13% |
| 2017 | 1,106,531 | 1,145,347 | −38,816 | 2.9 | 9% |
| 2018 | 1,054,529 | 1,065,828 | −11,299 | 3.0 | 4% |
| 2019 | 459,422 | 481,694 | −22,272 | 6.1 | 10% |
| 2020 | 633,933 | 461,293 | 172,640 | 10.8 | 2% |
| 2021 | 471,554 | 555,961 | −84,407 | 7.2 | 0% |
| 2022 | 16,635 | 24,722 | −8,087 | 27.9 | 0% |
| 2023 | 16,021 | 44,467 | −28,446 | 7.8 | — |
In its most recent public year (2023), this organization spent $28,446 more than it brought in. Its reserves stood at about 7.8 months of spending, up from 1.1 in 2013.
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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