The Institute For Art And Olfaction
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 54,170 | 42,451 | 11,719 | 2.4 | — |
| 2015 | 73,748 | 68,820 | 4,928 | 2.3 | — |
| 2016 | 119,422 | 95,950 | 23,472 | 4.6 | — |
| 2017 | 155,903 | 148,960 | 6,943 | 3.5 | — |
| 2018 | 192,412 | 188,604 | 3,808 | 3.0 | — |
| 2019 | 191,723 | 191,043 | 680 | 3.0 | — |
| 2020 | 211,188 | 187,111 | 24,077 | 4.6 | 61% |
| 2021 | 218,541 | 211,952 | 6,589 | 4.5 | 56% |
| 2022 | 287,572 | 263,360 | 24,212 | 4.7 | 52% |
| 2023 | 257,075 | 251,496 | 5,579 | 5.2 | 54% |
In its most recent public year (2023), this organization brought in $5,579 more than it spent. Its reserves stood at about 5.2 months of spending, up from 2.4 in 2014. Staff pay was 54% 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
The Institute For Art And Olfaction'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