The Steel Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,587,958 | 1,137,425 | 450,533 | 66.2 | 19% |
| 2012 | 1,619,019 | 1,089,279 | 529,740 | 74.9 | 19% |
| 2013 | 1,405,918 | 1,122,062 | 283,856 | 75.8 | 20% |
| 2014 | 1,180,102 | 1,295,630 | −115,528 | 64.5 | 20% |
| 2015 | 2,052,982 | 1,268,725 | 784,257 | 73.3 | 9% |
| 2016 | 2,029,925 | 1,226,202 | 803,723 | 83.7 | 22% |
| 2017 | 1,698,111 | 1,257,070 | 441,041 | 85.9 | 23% |
| 2018 | 1,418,092 | 1,395,164 | 22,928 | 77.6 | 27% |
| 2019 | 1,374,052 | 1,424,253 | −50,201 | 75.6 | 17% |
| 2020 | 1,100,168 | 1,220,395 | −120,227 | 87.0 | 21% |
| 2021 | 2,341,958 | 1,301,041 | 1,040,917 | 91.2 | 21% |
| 2022 | 1,171,516 | 1,261,825 | −90,309 | 93.2 | 23% |
| 2023 | 889,961 | 1,357,009 | −467,048 | 82.5 | 22% |
In its most recent public year (2023), this organization spent $467,048 more than it brought in. Its reserves stood at about 82.5 months of spending, up from 66.2 in 2011. Staff pay was 22% 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
The Steel 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