Biomedical Engineering Society
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,738,413 | 1,670,308 | 68,105 | 12.5 | 23% |
| 2011 | 2,007,446 | 1,972,173 | 35,273 | 12.0 | 25% |
| 2012 | 2,223,369 | 2,134,488 | 88,881 | 13.0 | 27% |
| 2013 | 2,528,633 | 2,417,366 | 111,267 | 11.8 | 27% |
| 2014 | 2,876,521 | 2,554,128 | 322,393 | 11.4 | 28% |
| 2015 | 2,932,927 | 2,888,335 | 44,592 | 9.7 | 28% |
| 2016 | 662,093 | 1,022,107 | −360,014 | 28.2 | 41% |
| 2017 | 2,820,276 | 2,702,702 | 117,574 | 13.8 | 31% |
| 2018 | 2,935,887 | 2,939,506 | −3,619 | 15.0 | 30% |
| 2019 | 3,918,320 | 3,878,694 | 39,626 | 11.6 | 28% |
| 2020 | 3,739,890 | 3,795,675 | −55,785 | 11.2 | 21% |
| 2021 | 1,962,759 | 1,953,261 | 9,498 | 26.1 | 36% |
| 2022 | 3,042,017 | 2,831,693 | 210,324 | 15.3 | 31% |
| 2023 | 3,582,789 | 2,888,023 | 694,766 | 18.1 | 28% |
In its most recent public year (2023), this organization brought in $694,766 more than it spent. Its reserves stood at about 18.1 months of spending, up from 12.5 in 2010. Staff pay was 28% of spending. $1,515,971 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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