Institute Of Food Techologists Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 17,164,358 | 16,300,717 | 863,641 | 13.9 | 36% |
| 2012 | 18,115,051 | 17,150,055 | 964,996 | 14.5 | 37% |
| 2013 | 20,526,459 | 18,907,955 | 1,618,504 | 15.0 | 35% |
| 2014 | 19,466,216 | 19,020,434 | 445,782 | 16.9 | 34% |
| 2015 | 20,627,582 | 19,723,652 | 903,930 | 16.3 | 35% |
| 2016 | 21,776,621 | 20,225,461 | 1,551,160 | 17.9 | 36% |
| 2017 | 21,543,522 | 20,616,559 | 926,963 | 19.2 | 38% |
| 2018 | 26,272,496 | 24,092,399 | 2,180,097 | 17.2 | 33% |
| 2019 | 18,777,746 | 22,071,058 | −3,293,312 | 17.0 | 39% |
| 2020 | 16,291,183 | 18,779,694 | −2,488,511 | 20.3 | 46% |
| 2021 | 9,557,520 | 15,825,729 | −6,268,209 | 22.9 | 47% |
| 2022 | 24,082,947 | 22,926,798 | 1,156,149 | 17.4 | 35% |
| 2023 | 31,431,139 | 26,493,048 | 4,938,091 | 17.9 | 37% |
In its most recent public year (2023), this organization brought in $4,938,091 more than it spent. Its reserves stood at about 17.9 months of spending, up from 13.9 in 2011. Staff pay was 37% of spending. $7,561,549 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
Institute Of Food Techologists 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