Appraisal Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 19,581,128 | 19,115,178 | 465,950 | 7.2 | 45% |
| 2020 | 18,773,238 | 17,781,184 | 992,054 | 8.8 | 49% |
| 2021 | 19,187,200 | 18,201,858 | 985,342 | 9.5 | 48% |
| 2022 | 23,134,340 | 20,276,526 | 2,857,814 | 9.2 | 45% |
| 2023 | 19,912,698 | 21,003,883 | −1,091,185 | 9.0 | 47% |
In its most recent public year (2023), this organization spent $1,091,185 more than it brought in. Its reserves stood at about 9 months of spending, up from 7.2 in 2019. Staff pay was 47% of spending. $2,643,970 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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