Institute For Applied Tinkering
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 401,602 | 360,784 | 40,818 | 1.7 | 56% |
| 2012 | 723,178 | 763,047 | −39,869 | 0.2 | 50% |
| 2013 | 961,692 | 1,075,755 | −114,063 | -1.2 | 51% |
| 2014 | 1,527,289 | 1,339,817 | 187,472 | 0.7 | 51% |
| 2015 | 1,930,860 | 1,623,884 | 306,976 | 3.1 | 53% |
| 2016 | 2,584,192 | 2,140,818 | 443,374 | 4.9 | 51% |
| 2017 | 1,872,047 | 2,121,171 | −249,124 | 2.4 | 45% |
| 2018 | 3,161,095 | 3,757,180 | −596,085 | -0.6 | 44% |
| 2019 | 3,630,111 | 4,431,575 | −801,464 | -2.7 | 45% |
| 2020 | 3,511,644 | 3,623,364 | −111,720 | -3.7 | 47% |
| 2021 | 3,838,130 | 3,882,283 | −44,153 | -3.6 | 47% |
| 2022 | 5,874,709 | 4,416,230 | 1,458,479 | 1.0 | 47% |
| 2023 | 5,538,531 | 6,077,304 | −538,773 | -0.3 | 44% |
In its most recent public year (2023), this organization spent $538,773 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.3 months), down from 1.7 in 2011. Staff pay was 44% 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
Institute For Applied Tinkering'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