Cato Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,097,063 | 22,344,728 | 10,752,335 | 33.7 | 43% |
| 2013 | 22,006,365 | 26,028,845 | −4,022,480 | 27.1 | 42% |
| 2014 | 28,350,110 | 24,538,565 | 3,811,545 | 30.5 | 45% |
| 2015 | 36,069,847 | 28,246,157 | 7,823,690 | 29.9 | 45% |
| 2016 | 27,869,293 | 29,162,114 | −1,292,821 | 28.4 | 47% |
| 2017 | 36,889,645 | 30,150,105 | 6,739,540 | 30.1 | 47% |
| 2018 | 36,679,802 | 30,381,673 | 6,298,129 | 32.2 | 47% |
| 2019 | 30,261,118 | 30,601,421 | −340,303 | 31.9 | 49% |
| 2020 | 32,506,528 | 31,141,580 | 1,364,948 | 31.4 | 47% |
| 2021 | 43,021,209 | 28,207,239 | 14,813,970 | 43.0 | 56% |
| 2022 | 45,929,682 | 31,337,947 | 14,591,735 | 43.7 | 50% |
| 2023 | 57,666,559 | 37,718,015 | 19,948,544 | 42.2 | 46% |
| 2024 | 71,927,807 | 41,834,120 | 30,093,687 | 48.8 | 50% |
In its most recent public year (2024), this organization brought in $30,093,687 more than it spent. Its reserves stood at about 48.8 months of spending, up from 33.7 in 2012. Staff pay was 50% of spending. $9,858,563 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works