Urbana Champaign Independent Media Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 497,617 | 247,530 | 250,087 | 30.8 | 15% |
| 2021 | 400,364 | 370,044 | 30,320 | 21.3 | 20% |
| 2022 | 941,900 | 881,634 | 60,266 | 9.6 | 17% |
| 2023 | 842,644 | 489,487 | 353,157 | 26.2 | 29% |
In its most recent public year (2023), this organization brought in $353,157 more than it spent. Its reserves stood at about 26.2 months of spending, down from 30.8 in 2020. Staff pay was 29% of spending. $43,906 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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