Graduate Management Admission Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 92,744,172 | 91,822,965 | 921,207 | 15.8 | 21% |
| 2012 | 125,146,849 | 102,745,123 | 22,401,726 | 14.7 | 21% |
| 2013 | 94,522,280 | 90,263,101 | 4,259,179 | 17.5 | 25% |
| 2014 | 93,211,842 | 87,859,017 | 5,352,825 | 19.2 | 26% |
| 2015 | 101,222,303 | 87,658,778 | 13,563,525 | 20.2 | 23% |
| 2016 | 97,292,315 | 92,409,065 | 4,883,250 | 20.4 | 21% |
| 2017 | 97,364,259 | 93,741,624 | 3,622,635 | 21.9 | 21% |
| 2018 | 96,959,120 | 95,373,780 | 1,585,340 | 20.7 | 23% |
| 2019 | 95,385,559 | 101,133,934 | −5,748,375 | 20.8 | 24% |
| 2020 | 72,686,376 | 76,079,385 | −3,393,009 | 28.9 | 32% |
| 2021 | 77,127,681 | 67,246,312 | 9,881,369 | 35.8 | 29% |
| 2022 | 63,026,606 | 69,629,243 | −6,602,637 | 28.0 | 29% |
| 2023 | 63,740,699 | 73,947,044 | −10,206,345 | 26.7 | 27% |
In its most recent public year (2023), this organization spent $10,206,345 more than it brought in. Its reserves stood at about 26.7 months of spending, up from 15.8 in 2011. Staff pay was 27% 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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