New Markets Lab
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 425,000 | 402,842 | 22,158 | 0.7 | 0% |
| 2012 | 447,153 | 395,785 | 51,368 | 2.2 | 28% |
| 2013 | 176,589 | 269,594 | −93,005 | -0.9 | — |
| 2014 | 211,075 | 266,628 | −55,553 | -3.4 | 63% |
| 2015 | 640,506 | 603,779 | 36,727 | -0.8 | 70% |
| 2016 | 726,406 | 765,257 | −38,851 | -1.2 | 67% |
| 2017 | 690,949 | 618,914 | 72,035 | -0.1 | 62% |
| 2018 | 372,421 | 431,973 | −59,552 | -1.8 | 46% |
| 2019 | 468,594 | 501,113 | −32,519 | -2.3 | 57% |
| 2020 | 622,358 | 518,292 | 104,066 | 0.2 | 65% |
| 2021 | 541,348 | 509,083 | 32,265 | 0.9 | 48% |
| 2022 | 518,753 | 530,717 | −11,964 | 0.2 | 55% |
| 2023 | 723,860 | 614,342 | 109,518 | 2.4 | 51% |
In its most recent public year (2023), this organization brought in $109,518 more than it spent. Its reserves stood at about 2.4 months of spending, up from 0.7 in 2011. Staff pay was 51% 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
New Markets Lab'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