Badger Institute Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 695,036 | 942,350 | −247,314 | 27.3 | 32% |
| 2013 | 672,091 | 930,057 | −257,966 | 24.4 | 38% |
| 2014 | 687,781 | 607,549 | 80,232 | 38.9 | 40% |
| 2015 | 646,042 | 682,259 | −36,217 | 49.9 | 40% |
| 2016 | 933,478 | 732,721 | 200,757 | 46.3 | 50% |
| 2017 | 494,081 | 910,229 | −416,148 | 34.6 | 39% |
| 2018 | 1,303,609 | 1,008,939 | 294,670 | 36.5 | 40% |
| 2019 | 988,146 | 1,001,100 | −12,954 | 36.6 | 45% |
| 2020 | 960,504 | 1,145,144 | −184,640 | 28.3 | 53% |
| 2021 | 1,186,292 | 1,135,848 | 50,444 | 37.4 | 51% |
| 2022 | 1,376,464 | 1,354,555 | 21,909 | 29.9 | 47% |
| 2023 | 1,417,962 | 1,393,624 | 24,338 | 26.8 | 48% |
| 2024 | 1,336,844 | 1,303,450 | 33,394 | 30.8 | 48% |
In its most recent public year (2024), this organization brought in $33,394 more than it spent. Its reserves stood at about 30.8 months of spending, up from 27.3 in 2012. Staff pay was 48% of spending. $1,648,795 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 2024. 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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