Ohio Aerospace Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 19,023,672 | 19,313,690 | −290,018 | 5.1 | 39% |
| 2012 | 15,687,922 | 16,218,421 | −530,499 | 5.6 | 42% |
| 2013 | 14,544,368 | 15,034,524 | −490,156 | 5.7 | 45% |
| 2014 | 11,476,035 | 12,279,205 | −803,170 | 6.2 | 55% |
| 2015 | 11,221,084 | 11,501,219 | −280,135 | 6.3 | 53% |
| 2016 | 13,714,189 | 13,973,040 | −258,851 | 5.0 | 45% |
| 2017 | 14,328,806 | 14,452,336 | −123,530 | 4.7 | 41% |
| 2018 | 16,320,870 | 16,065,550 | 255,320 | 4.4 | 37% |
| 2019 | 14,234,933 | 14,405,769 | −170,836 | 4.8 | 39% |
| 2020 | 13,893,174 | 13,706,205 | 186,969 | 5.2 | 39% |
| 2021 | 10,021,750 | 10,442,590 | −420,840 | 6.3 | 41% |
| 2022 | 8,780,189 | 8,788,953 | −8,764 | 7.5 | 46% |
| 2023 | 8,330,588 | 9,198,198 | −867,610 | 8.1 | 48% |
In its most recent public year (2023), this organization spent $867,610 more than it brought in. Its reserves stood at about 8.1 months of spending, up from 5.1 in 2011. Staff pay was 48% of spending. $3,596,624 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
Ohio Aerospace 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