Ball State Innovation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 261,844 | 344,959 | −83,115 | -5.4 | 0% |
| 2013 | 303,197 | 270,287 | 32,910 | -5.4 | 0% |
| 2014 | 332,951 | 280,451 | 52,500 | -2.9 | 0% |
| 2015 | 359,259 | 334,974 | 24,285 | -1.6 | 0% |
| 2016 | 196,356 | 296,649 | −100,293 | -6.5 | 0% |
| 2017 | 427,919 | 348,751 | 79,168 | -2.8 | 0% |
| 2018 | 364,625 | 296,904 | 67,721 | -0.6 | 0% |
| 2019 | 393,438 | 327,817 | 65,621 | 1.9 | 0% |
| 2020 | 218,363 | 182,433 | 35,930 | 5.7 | 0% |
| 2021 | 0 | 38,159 | −38,159 | 15.3 | 0% |
| 2022 | 200 | −16,183 | 16,383 | -48.3 | 0% |
| 2023 | 30,249 | 15 | 30,234 | 76308.0 | 0% |
| 2024 | 0 | 0 | 0 | — | — |
In its most recent public year (2024), this organization brought in $0 more than it spent.
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
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