Harvard Business School Publishing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 158,711,253 | 152,427,799 | 6,283,454 | 0.0 | 26% |
| 2012 | 170,325,296 | 167,039,220 | 3,286,076 | 0.2 | 27% |
| 2013 | 187,935,585 | 182,522,163 | 5,413,422 | 0.6 | 26% |
| 2014 | 200,794,460 | 195,261,344 | 5,533,116 | 0.9 | 27% |
| 2015 | 207,588,535 | 205,004,021 | 2,584,514 | 1.0 | 27% |
| 2016 | 221,530,442 | 220,691,208 | 839,234 | 1.0 | 27% |
| 2017 | 227,025,645 | 226,200,079 | 825,566 | 1.0 | 27% |
| 2018 | 246,614,168 | 243,227,492 | 3,386,676 | 1.1 | 26% |
| 2019 | 265,840,730 | 261,930,167 | 3,910,563 | 1.3 | 25% |
| 2020 | 268,764,352 | 262,332,580 | 6,431,772 | 1.6 | 25% |
| 2021 | 278,305,243 | 270,364,167 | 7,941,076 | 2.1 | 23% |
| 2022 | 307,657,781 | 302,020,475 | 5,637,306 | 2.1 | 26% |
| 2023 | 318,965,400 | 323,019,114 | −4,053,714 | 1.8 | 25% |
In its most recent public year (2023), this organization spent $4,053,714 more than it brought in. Its reserves stood at about 1.8 months of spending, up from 0 in 2011. Staff pay was 25% 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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