Illinois Policy Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,500,535 | 7,293,409 | 207,126 | 5.9 | 0% |
| 2021 | 9,912,518 | 9,612,672 | 299,846 | 4.8 | 18% |
| 2022 | 5,289,743 | 7,796,504 | −2,506,761 | 2.1 | 23% |
| 2023 | 7,407,587 | 7,361,727 | 45,860 | 2.3 | 28% |
In its most recent public year (2023), this organization brought in $45,860 more than it spent. Its reserves stood at about 2.3 months of spending, down from 5.9 in 2020. Staff pay was 28% of spending. $402,910 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works