International Formula Council
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,474,797 | 2,193,882 | 280,915 | 4.6 | 0% |
| 2012 | 2,942,681 | 2,761,993 | 180,688 | 4.5 | 0% |
| 2013 | 2,051,176 | 2,738,502 | −687,326 | 1.5 | 0% |
| 2014 | 2,206,511 | 1,942,001 | 264,510 | 3.7 | 0% |
| 2015 | 2,737,397 | 2,298,471 | 438,926 | 5.4 | 0% |
| 2016 | 1,534,506 | 2,204,262 | −669,756 | 2.0 | 0% |
| 2017 | 1,380,398 | 1,646,489 | −266,091 | 0.8 | 0% |
| 2018 | 1,587,146 | 1,516,465 | 70,681 | 1.4 | 0% |
| 2019 | 1,445,916 | 1,435,357 | 10,559 | 1.6 | 0% |
| 2020 | 1,420,871 | 1,447,295 | −26,424 | 1.3 | 0% |
| 2021 | 1,353,653 | 1,345,211 | 8,442 | 1.5 | 0% |
| 2022 | 1,891,974 | 1,821,927 | 70,047 | 1.6 | 0% |
| 2023 | 1,838,366 | 1,826,093 | 12,273 | 1.7 | 0% |
In its most recent public year (2023), this organization brought in $12,273 more than it spent. Its reserves stood at about 1.7 months of spending, down from 4.6 in 2011. Staff pay was 0% of spending. $273,845 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
International Formula Council'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