Innovation Studio Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 75,163 | 45,173 | 29,990 | 8.0 | — |
| 2013 | 306,083 | 412,133 | −106,050 | -2.8 | 52% |
| 2014 | 1,699,193 | 1,034,737 | 664,456 | 4.0 | 40% |
| 2015 | 1,378,825 | 1,403,543 | −24,718 | 2.7 | 41% |
| 2016 | 1,807,552 | 1,498,953 | 308,599 | 5.0 | 35% |
| 2017 | 1,769,326 | 1,822,658 | −53,332 | 3.7 | 40% |
| 2018 | 1,763,324 | 2,049,449 | −286,125 | 1.7 | 47% |
| 2019 | 4,793,113 | 4,515,054 | 278,059 | 1.5 | 24% |
| 2020 | 4,064,836 | 4,144,891 | −80,055 | 1.4 | 30% |
| 2021 | 2,069,490 | 2,293,396 | −223,906 | 1.3 | 48% |
| 2022 | 1,723,186 | 2,252,650 | −529,464 | -1.2 | 50% |
In its most recent public year (2022), this organization spent $529,464 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.2 months), down from 8 in 2012. Staff pay was 50% of spending. $230,623 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 2022. 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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