Wormfarm Institute Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 333,574 | 317,962 | 15,612 | 7.1 | 41% |
| 2022 | 525,829 | 521,968 | 3,861 | 4.5 | 33% |
| 2023 | 733,884 | 416,878 | 317,006 | 15.1 | 46% |
In its most recent public year (2023), this organization brought in $317,006 more than it spent. Its reserves stood at about 15.1 months of spending. Staff pay was 46% 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
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