Industrial Technology Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 9,174,528 | 9,016,787 | 157,741 | 5.2 | 41% |
| 2012 | 6,624,505 | 6,839,152 | −214,647 | 6.5 | 45% |
| 2013 | 6,542,724 | 7,000,631 | −457,907 | 5.6 | 41% |
| 2014 | 7,549,498 | 7,297,369 | 252,129 | 5.8 | 48% |
| 2015 | 8,204,951 | 8,135,351 | 69,600 | 5.3 | 48% |
| 2016 | 10,185,119 | 9,463,148 | 721,971 | 5.5 | 48% |
| 2017 | 10,407,308 | 10,290,156 | 117,152 | 5.2 | 50% |
| 2018 | 11,312,927 | 11,198,081 | 114,846 | 4.8 | 50% |
| 2019 | 11,818,120 | 11,257,686 | 560,434 | 5.5 | 52% |
| 2020 | 10,484,047 | 10,399,138 | 84,909 | 6.2 | 48% |
| 2021 | 15,258,342 | 13,607,348 | 1,650,994 | 6.2 | 46% |
| 2022 | 13,199,043 | 12,627,977 | 571,066 | 7.0 | 50% |
| 2023 | 12,020,912 | 11,696,524 | 324,388 | 7.9 | 48% |
In its most recent public year (2023), this organization brought in $324,388 more than it spent. Its reserves stood at about 7.9 months of spending, up from 5.2 in 2011. Staff pay was 48% 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
Industrial Technology Institute'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