Independence Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,104,102 | 1,326,411 | −222,309 | 16.2 | 53% |
| 2012 | 1,285,759 | 1,203,797 | 81,962 | 18.7 | 51% |
| 2013 | 1,220,617 | 1,199,838 | 20,779 | 18.9 | 53% |
| 2014 | 1,406,199 | 1,336,164 | 70,035 | 17.6 | 54% |
| 2015 | 1,650,681 | 1,466,567 | 184,114 | 17.6 | 6% |
| 2016 | 1,475,607 | 1,434,959 | 40,648 | 18.3 | 49% |
| 2017 | 1,480,885 | 1,580,245 | −99,360 | 15.9 | 47% |
| 2018 | 1,524,181 | 1,622,744 | −98,563 | 14.7 | 47% |
| 2019 | 1,474,685 | 1,628,898 | −154,213 | 13.6 | 51% |
| 2020 | 1,385,618 | 1,750,213 | −364,595 | 10.1 | 51% |
| 2021 | 1,608,075 | 1,924,099 | −316,024 | 7.4 | 50% |
| 2022 | 2,714,970 | 2,388,754 | 326,216 | 7.5 | 52% |
| 2023 | 2,330,089 | 2,501,215 | −171,126 | 6.4 | 54% |
In its most recent public year (2023), this organization spent $171,126 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 16.2 in 2011. Staff pay was 54% of spending. $250,129 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
Independence Center 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