Institute Of Modern Wisdom Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 128,046 | 104,155 | 23,891 | 3.3 | — |
| 2013 | 198,361 | 178,593 | 19,768 | 3.2 | — |
| 2014 | 178,689 | 211,636 | −32,947 | 0.9 | — |
| 2015 | 192,821 | 191,005 | 1,816 | 0.5 | — |
| 2016 | 97,964 | 132,203 | −34,239 | -1.1 | — |
| 2017 | 97,100 | 99,251 | −2,151 | -1.8 | — |
| 2018 | 51,489 | 45,977 | 5,512 | -3.2 | — |
| 2019 | 80,224 | 76,782 | 3,442 | -1.4 | — |
| 2020 | 14,700 | 26,301 | −11,601 | -9.3 | — |
In its most recent public year (2020), this organization spent $11,601 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.3 months), down from 3.3 in 2012.
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 2020. 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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