Franklin Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 30,157,364 | 28,611,353 | 1,546,011 | 46.4 | 33% |
| 2012 | 33,561,665 | 32,032,161 | 1,529,504 | 43.3 | 32% |
| 2013 | 35,616,050 | 29,033,090 | 6,582,960 | 53.5 | 37% |
| 2014 | 41,701,560 | 33,957,290 | 7,744,270 | 47.7 | 35% |
| 2015 | 39,788,885 | 36,736,134 | 3,052,751 | 42.7 | 34% |
| 2016 | 38,922,923 | 37,324,038 | 1,598,885 | 43.3 | 35% |
| 2017 | 39,038,335 | 39,781,763 | −743,428 | 42.4 | 33% |
| 2018 | 40,175,651 | 38,959,955 | 1,215,696 | 41.7 | 36% |
| 2019 | 47,708,877 | 41,662,901 | 6,045,976 | 43.4 | 32% |
| 2020 | 25,055,602 | 26,409,211 | −1,353,609 | 71.3 | 37% |
| 2021 | 32,040,912 | 24,980,303 | 7,060,609 | 82.0 | 35% |
| 2022 | 36,043,314 | 28,062,151 | 7,981,163 | 69.4 | 34% |
| 2023 | 39,597,836 | 31,213,719 | 8,384,117 | 68.7 | 33% |
In its most recent public year (2023), this organization brought in $8,384,117 more than it spent. Its reserves stood at about 68.7 months of spending, up from 46.4 in 2011. Staff pay was 33% of spending. $88,118,782 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
Franklin 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