Independent Colleges Of Indiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,740,948 | 23,112,074 | −4,371,126 | 38.8 | 5% |
| 2012 | 15,340,792 | 21,989,163 | −6,648,371 | 37.1 | 6% |
| 2013 | 20,743,396 | 20,677,947 | 65,449 | 39.3 | 6% |
| 2014 | 22,495,922 | 19,001,500 | 3,494,422 | 45.0 | 5% |
| 2015 | 24,413,585 | 18,882,871 | 5,530,714 | 48.7 | 5% |
| 2016 | 25,104,867 | 20,534,687 | 4,570,180 | 47.3 | 5% |
| 2017 | 25,281,052 | 19,920,901 | 5,360,151 | 51.9 | 5% |
| 2018 | 25,047,401 | 19,508,564 | 5,538,837 | 56.2 | 5% |
| 2019 | 20,955,696 | 21,192,917 | −237,221 | 51.9 | 4% |
| 2020 | 24,521,798 | 21,867,906 | 2,653,892 | 52.0 | 6% |
| 2021 | 20,196,793 | 21,571,964 | −1,375,171 | 51.8 | 6% |
| 2022 | 22,138,520 | 22,290,095 | −151,575 | 48.7 | 6% |
| 2023 | 25,838,068 | 23,689,741 | 2,148,327 | 46.8 | 7% |
In its most recent public year (2023), this organization brought in $2,148,327 more than it spent. Its reserves stood at about 46.8 months of spending, up from 38.8 in 2011. Staff pay was 7% of spending. $88,418,450 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
Independent Colleges Of Indiana Inc'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