Massachusetts High Technology Council Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 902,581 | 1,390,546 | −487,965 | 11.1 | 60% |
| 2012 | 908,958 | 1,661,028 | −752,070 | 3.8 | 54% |
| 2013 | 1,220,326 | 1,408,768 | −188,442 | 2.3 | 65% |
| 2014 | 1,030,286 | 1,549,146 | −518,860 | -1.9 | 63% |
| 2015 | 1,543,521 | 1,622,982 | −79,461 | -2.4 | 65% |
| 2016 | 1,781,357 | 1,483,947 | 297,410 | -0.2 | 59% |
| 2017 | 2,508,776 | 2,356,431 | 152,345 | 0.6 | 53% |
| 2018 | 1,776,443 | 2,073,520 | −297,077 | -1.0 | 58% |
| 2019 | 1,624,561 | 1,682,510 | −57,949 | -1.6 | 70% |
| 2020 | 1,728,736 | 1,719,671 | 9,065 | -1.6 | 67% |
| 2021 | 1,877,936 | 1,616,198 | 261,738 | 0.2 | 68% |
| 2022 | 2,043,088 | 2,145,585 | −102,497 | -0.4 | 56% |
| 2023 | 1,402,581 | 1,869,351 | −466,770 | -3.5 | 71% |
In its most recent public year (2023), this organization spent $466,770 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-3.5 months), down from 11.1 in 2011. Staff pay was 71% 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
Massachusetts High Technology Council Inc'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