The Institute Of Medicine Of Chicago
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 162,354 | 300,127 | −137,773 | 21.2 | 31% |
| 2012 | 182,662 | 264,041 | −81,379 | 21.9 | 22% |
| 2013 | 141,713 | 226,114 | −84,401 | 26.6 | 15% |
| 2014 | 253,163 | 238,869 | 14,294 | 26.0 | 18% |
| 2015 | 435,223 | 251,324 | 183,899 | 30.7 | 3% |
| 2016 | 200,504 | 433,999 | −233,495 | 11.0 | 3% |
| 2017 | 163,784 | 158,135 | 5,649 | 33.9 | 7% |
| 2018 | 246,253 | 213,245 | 33,008 | 24.2 | 27% |
| 2019 | 292,928 | 249,747 | 43,181 | 25.5 | 35% |
| 2020 | 241,912 | 195,941 | 45,971 | 37.4 | 0% |
| 2021 | 328,529 | 219,953 | 108,576 | 41.4 | 0% |
| 2022 | 148,580 | 241,840 | −93,260 | 29.0 | 0% |
| 2023 | 174,396 | 291,442 | −117,046 | 21.0 | 0% |
In its most recent public year (2023), this organization spent $117,046 more than it brought in. Its reserves stood at about 21 months of spending. Staff pay was 0% of spending. $66,205 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
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