Illinois Manufacturing Excellence Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,818,314 | 6,554,976 | −736,662 | 5.3 | 1% |
| 2012 | 6,646,040 | 6,970,122 | −324,082 | 4.4 | 1% |
| 2013 | 7,075,204 | 6,868,937 | 206,267 | 4.8 | 1% |
| 2014 | 9,259,007 | 8,681,346 | 577,661 | 4.6 | 1% |
| 2015 | 8,935,055 | 8,884,319 | 50,736 | 4.6 | 2% |
| 2016 | 8,784,049 | 8,396,354 | 387,695 | 5.4 | 2% |
| 2017 | 10,110,603 | 9,410,021 | 700,582 | 5.7 | 6% |
| 2018 | 10,615,043 | 10,099,296 | 515,747 | 6.0 | 4% |
| 2019 | 12,423,362 | 11,271,065 | 1,152,297 | 6.6 | 5% |
| 2020 | 12,762,253 | 11,926,331 | 835,922 | 7.0 | 4% |
| 2021 | 12,752,185 | 12,473,956 | 278,229 | 5.6 | 4% |
| 2022 | 12,151,075 | 11,400,742 | 750,333 | 6.9 | 6% |
| 2023 | 13,667,518 | 12,819,960 | 847,558 | 6.9 | 5% |
In its most recent public year (2023), this organization brought in $847,558 more than it spent. Its reserves stood at about 6.9 months of spending, up from 5.3 in 2011. Staff pay was 5% 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 Manufacturing Excellence Center'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