Fashion Law Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 271,194 | 73,756 | 197,438 | 32.1 | 37% |
| 2012 | 327,395 | 233,610 | 93,785 | 15.0 | 20% |
| 2013 | 261,137 | 269,448 | −8,311 | 12.6 | 18% |
| 2014 | 220,527 | 427,239 | −206,712 | 2.1 | 19% |
| 2015 | 207,177 | 253,161 | −45,984 | 1.4 | 3% |
| 2016 | 168,124 | 185,873 | −17,749 | 0.8 | 7% |
| 2017 | 133,105 | 139,972 | −6,867 | 0.5 | 4% |
| 2018 | 172,428 | 167,739 | 4,689 | 0.7 | 5% |
| 2019 | 203,017 | 155,141 | 47,876 | 4.5 | 4% |
| 2020 | 74,500 | 84,807 | −10,307 | 6.8 | — |
| 2021 | 53,435 | 52,485 | 950 | 11.2 | — |
| 2022 | 40,946 | 59,290 | −18,344 | 6.2 | — |
| 2023 | 112,594 | 106,936 | 5,658 | 4.6 | — |
In its most recent public year (2023), this organization brought in $5,658 more than it spent. Its reserves stood at about 4.6 months of spending, down from 32.1 in 2011.
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
Fashion Law 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