Carnegie Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 57,227,580 | 50,371,473 | 6,856,107 | 81.1 | 38% |
| 2012 | 52,361,037 | 56,098,540 | −3,737,503 | 77.0 | 36% |
| 2013 | 57,057,514 | 58,662,831 | −1,605,317 | 78.5 | 35% |
| 2014 | 62,042,722 | 59,746,980 | 2,295,742 | 76.2 | 35% |
| 2015 | 72,910,169 | 57,120,753 | 15,789,416 | 78.6 | 38% |
| 2016 | 72,529,755 | 58,209,392 | 14,320,363 | 80.4 | 39% |
| 2017 | 74,049,025 | 60,885,821 | 13,163,204 | 87.2 | 43% |
| 2018 | 90,369,901 | 66,792,946 | 23,576,955 | 75.5 | 40% |
| 2019 | 71,439,979 | 64,092,769 | 7,347,210 | 86.7 | 39% |
| 2020 | 82,217,609 | 56,852,629 | 25,364,980 | 108.1 | 41% |
| 2021 | 109,965,302 | 62,814,028 | 47,151,274 | 117.3 | 42% |
| 2022 | 81,329,411 | 80,819,110 | 510,301 | 80.0 | 36% |
| 2023 | 73,216,351 | 84,158,744 | −10,942,393 | 81.1 | 39% |
In its most recent public year (2023), this organization spent $10,942,393 more than it brought in. Its reserves stood at about 81.1 months of spending. Staff pay was 39% of spending. $449,006,044 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
Carnegie 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