United States Cutting Tool Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 485,415 | 463,907 | 21,508 | 4.5 | 0% |
| 2011 | 416,950 | 417,404 | −454 | 5.0 | 0% |
| 2012 | 603,396 | 570,077 | 33,319 | 4.4 | 0% |
| 2013 | 481,966 | 424,253 | 57,713 | 7.5 | 0% |
| 2014 | 646,072 | 620,377 | 25,695 | 5.6 | 0% |
| 2015 | 645,431 | 561,987 | 83,444 | 8.0 | 0% |
| 2016 | 835,887 | 767,732 | 68,155 | 6.9 | 0% |
| 2017 | 697,334 | 569,013 | 128,321 | 12.1 | 0% |
| 2018 | 710,962 | 613,622 | 97,340 | 13.1 | 0% |
| 2019 | 669,109 | 601,771 | 67,338 | 14.7 | 0% |
| 2020 | 458,692 | 354,315 | 104,377 | 28.4 | 0% |
| 2021 | 559,107 | 594,254 | −35,147 | 16.2 | 0% |
| 2022 | 710,562 | 671,701 | 38,861 | 15.1 | 0% |
| 2023 | 722,488 | 684,759 | 37,729 | 15.4 | 0% |
In its most recent public year (2023), this organization brought in $37,729 more than it spent. Its reserves stood at about 15.4 months of spending, up from 4.5 in 2010. Staff pay was 0% 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
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