Illinois Press Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 312,389 | 404,151 | −91,762 | 46.3 | 0% |
| 2012 | 623,948 | 336,163 | 287,785 | 65.9 | 0% |
| 2013 | 357,875 | 361,976 | −4,101 | 61.1 | 0% |
| 2014 | 550,937 | 450,273 | 100,664 | 51.9 | 0% |
| 2015 | 373,938 | 430,107 | −56,169 | 51.6 | 0% |
| 2016 | 370,284 | 410,066 | −39,782 | 53.5 | 0% |
| 2017 | 393,310 | 408,461 | −15,151 | 55.3 | 0% |
| 2018 | 405,412 | 335,514 | 69,898 | 67.1 | 0% |
| 2019 | 331,780 | 450,755 | −118,975 | 48.9 | 0% |
| 2020 | 453,257 | 437,692 | 15,565 | 51.3 | 0% |
| 2021 | 519,118 | 451,873 | 67,245 | 44.8 | 0% |
| 2022 | 489,350 | 560,727 | −71,377 | 29.8 | 26% |
| 2023 | 1,030,144 | 1,010,118 | 20,026 | 18.2 | 55% |
In its most recent public year (2023), this organization brought in $20,026 more than it spent. Its reserves stood at about 18.2 months of spending, down from 46.3 in 2011. Staff pay was 55% of spending. $123,835 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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