Iowa Biotechnology Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 316,434 | 322,384 | −5,950 | 16.8 | 51% |
| 2012 | 382,474 | 305,990 | 76,484 | 21.4 | 46% |
| 2013 | 403,735 | 384,828 | 18,907 | 17.7 | 43% |
| 2014 | 396,670 | 364,284 | 32,386 | 20.4 | 40% |
| 2015 | 507,519 | 437,420 | 70,099 | 18.4 | 43% |
| 2016 | 516,217 | 503,214 | 13,003 | 16.4 | 41% |
| 2017 | 546,144 | 519,100 | 27,044 | 16.9 | 42% |
| 2018 | 597,182 | 500,982 | 96,200 | 19.5 | 20% |
| 2019 | 566,832 | 476,081 | 90,751 | 23.8 | 25% |
| 2020 | 463,824 | 409,238 | 54,586 | 30.2 | 53% |
| 2021 | 515,320 | 390,124 | 125,196 | 36.3 | 52% |
| 2022 | 517,514 | 431,272 | 86,242 | 32.6 | 49% |
| 2023 | 508,356 | 480,018 | 28,338 | 31.1 | 34% |
In its most recent public year (2023), this organization brought in $28,338 more than it spent. Its reserves stood at about 31.1 months of spending, up from 16.8 in 2011. Staff pay was 34% of spending. $45,376 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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