Illinois Biotechnology Innovation Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,096,473 | 1,127,544 | −31,071 | 3.6 | 38% |
| 2012 | 882,425 | 1,092,106 | −209,681 | 1.4 | 39% |
| 2013 | 983,414 | 1,107,548 | −124,134 | 0.1 | 43% |
| 2014 | 1,146,790 | 1,137,636 | 9,154 | 0.1 | 42% |
| 2015 | 869,554 | 1,103,199 | −233,645 | -2.4 | 42% |
| 2016 | 812,173 | 1,001,961 | −189,788 | -4.9 | 47% |
| 2017 | 1,045,570 | 953,965 | 91,605 | -4.0 | 45% |
| 2018 | 765,604 | 739,048 | 26,556 | -5.0 | 34% |
| 2019 | 706,652 | 597,060 | 109,592 | -4.0 | 44% |
| 2020 | 673,021 | 577,918 | 95,103 | -2.2 | 52% |
| 2021 | 697,102 | 594,703 | 102,399 | -0.1 | 52% |
| 2022 | 742,849 | 612,673 | 130,176 | 2.9 | 51% |
| 2023 | 748,592 | 694,762 | 53,830 | 3.5 | 47% |
In its most recent public year (2023), this organization brought in $53,830 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 47% of spending.
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
Illinois Biotechnology Innovation Organization'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