Muncie Innovation Connector Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 431,961 | 499,352 | −67,391 | 40.1 | 26% |
| 2012 | 421,048 | 512,336 | −91,288 | 37.0 | 28% |
| 2013 | 447,362 | 527,399 | −80,037 | 34.1 | 31% |
| 2014 | 439,844 | 626,260 | −186,416 | 25.2 | 31% |
| 2015 | 1,148,812 | 669,064 | 479,748 | 32.2 | 32% |
| 2016 | 967,495 | 677,276 | 290,219 | 36.9 | 33% |
| 2017 | 912,229 | 715,976 | 196,253 | 38.2 | 39% |
| 2018 | 270,893 | 735,765 | −464,872 | 29.6 | 37% |
| 2019 | 364,993 | 750,713 | −385,720 | 22.8 | 39% |
| 2020 | 729,945 | 741,952 | −12,007 | 22.9 | 43% |
| 2021 | 740,491 | 870,929 | −130,438 | 17.7 | 45% |
| 2022 | 750,717 | 837,525 | −86,808 | 17.2 | 37% |
| 2023 | 748,587 | 851,448 | −102,861 | 16.6 | 41% |
In its most recent public year (2023), this organization spent $102,861 more than it brought in. Its reserves stood at about 16.6 months of spending, down from 40.1 in 2011. Staff pay was 41% of spending. $60,639 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
Muncie Innovation Connector 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