Machine Tool Technologies Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 591,694 | 2,119,012 | −1,527,318 | 39.0 | 2% |
| 2012 | 2,180,082 | 1,615,758 | 564,324 | 55.3 | 2% |
| 2013 | 983,817 | 1,531,411 | −547,594 | 54.0 | 2% |
| 2014 | 2,414,604 | 1,564,752 | 849,852 | 59.3 | 2% |
| 2015 | 2,384,166 | 1,716,286 | 667,880 | 58.6 | 2% |
| 2016 | 2,809,102 | 1,727,626 | 1,081,476 | 65.8 | 2% |
| 2017 | 2,105,966 | 1,997,909 | 108,057 | 57.5 | 2% |
| 2018 | 2,956,779 | 1,820,840 | 1,135,939 | 70.6 | 2% |
| 2019 | 1,202,524 | 1,846,832 | −644,308 | 65.5 | 2% |
| 2020 | 634,309 | 1,991,277 | −1,356,968 | 52.6 | 10% |
| 2021 | 713,677 | 1,194,763 | −481,086 | 82.7 | 17% |
| 2022 | 111,756 | 1,090,500 | −978,744 | 79.4 | 19% |
| 2023 | 274,010 | 873,685 | −599,675 | 91.5 | 25% |
In its most recent public year (2023), this organization spent $599,675 more than it brought in. Its reserves stood at about 91.5 months of spending, up from 39 in 2011. Staff pay was 25% of spending. $4,850,737 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
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