The Philadelphia Fashion Incubator
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 125,750 | 39,140 | 86,610 | 26.6 | — |
| 2012 | 139,815 | 66,846 | 72,969 | 28.5 | — |
| 2013 | 232,109 | 120,744 | 111,365 | 26.9 | 58% |
| 2014 | 178,934 | 130,633 | 48,301 | 29.3 | 53% |
| 2015 | 152,362 | 131,729 | 20,633 | 30.9 | 59% |
| 2016 | 152,483 | 137,734 | 14,749 | 30.8 | 58% |
| 2017 | 197,451 | 167,682 | 29,769 | 27.5 | 50% |
| 2018 | 173,231 | 155,110 | 18,121 | 31.1 | 54% |
| 2019 | 156,928 | 154,861 | 2,067 | 31.3 | 59% |
| 2020 | 133,885 | 144,256 | −10,371 | 32.7 | 61% |
| 2021 | 166,541 | 200,550 | −34,009 | 21.5 | 55% |
| 2022 | 73,610 | 155,866 | −82,256 | 21.3 | 63% |
| 2023 | 104,525 | 151,931 | −47,406 | 18.1 | — |
In its most recent public year (2023), this organization spent $47,406 more than it brought in. Its reserves stood at about 18.1 months of spending, down from 26.6 in 2011.
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
The Philadelphia Fashion Incubator'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