Los Angeles Maritime Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 861,425 | 1,248,138 | −386,713 | 19.5 | 21% |
| 2012 | 788,862 | 1,352,190 | −563,328 | 13.1 | 13% |
| 2013 | 1,474,466 | 1,336,813 | 137,653 | 14.5 | 18% |
| 2014 | 1,068,614 | 1,572,759 | −504,145 | 8.4 | 16% |
| 2015 | 275,160 | 580,977 | −305,817 | 16.2 | 19% |
| 2016 | 4,416,166 | 1,163,853 | 3,252,313 | 40.6 | 25% |
| 2017 | 1,190,653 | 1,329,597 | −138,944 | 34.5 | 30% |
| 2018 | 1,187,367 | 1,489,593 | −302,226 | 28.2 | 31% |
| 2019 | 2,469,757 | 1,851,249 | 618,508 | 26.7 | 33% |
| 2020 | 1,442,671 | 2,066,039 | −623,368 | 20.3 | 35% |
| 2021 | 1,475,035 | 1,821,754 | −346,719 | 20.8 | 24% |
| 2022 | 1,259,448 | 1,966,158 | −706,710 | 15.0 | 27% |
| 2023 | 1,605,092 | 2,111,873 | −506,781 | 13.1 | 5% |
In its most recent public year (2023), this organization spent $506,781 more than it brought in. Its reserves stood at about 13.1 months of spending, down from 19.5 in 2011. Staff pay was 5% 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
Los Angeles Maritime 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