Insurance Institute Of Indiana Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 951,477 | 863,725 | 87,752 | 10.9 | 60% |
| 2021 | 1,127,882 | 1,074,035 | 53,847 | 9.3 | 54% |
| 2022 | 1,069,338 | 1,086,997 | −17,659 | 9.0 | 55% |
| 2023 | 1,133,801 | 1,108,950 | 24,851 | 9.1 | 55% |
In its most recent public year (2023), this organization brought in $24,851 more than it spent. Its reserves stood at about 9.1 months of spending, down from 10.9 in 2020. Staff pay was 55% 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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