Friends Of Bocconi University Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 61,722 | 53,241 | 8,481 | 5.7 | — |
| 2016 | 497,488 | 140,953 | 356,535 | 32.5 | 73% |
| 2017 | 494,684 | 562,060 | −67,376 | 6.7 | 28% |
| 2018 | 499,911 | 232,022 | 267,889 | 30.1 | 68% |
| 2019 | 667,779 | 933,537 | −265,758 | 4.1 | 18% |
| 2020 | 702,449 | 956,650 | −254,201 | 0.8 | 7% |
| 2021 | 671,429 | 161,924 | 509,505 | 42.4 | 43% |
| 2022 | 1,312,697 | 756,402 | 556,295 | 17.9 | 9% |
| 2023 | 278,876 | 1,283,033 | −1,004,157 | 1.2 | 6% |
In its most recent public year (2023), this organization spent $1,004,157 more than it brought in. Its reserves stood at about 1.2 months of spending, down from 5.7 in 2015. Staff pay was 6% of spending. $93,202 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
Friends Of Bocconi University 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